German coalition agrees on changes to pensions, tax rates

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Germany's coalition government has agreed on comprehensive changes to pensions and tax rates aiming to stimulate the sluggish economy after its first year in office. The proposals have received mixed reactions among the populace and political observers.

After its first year in office, Germany's coalition government plans to push through sweeping changes with the stated goal of reviving a sluggish economy. The plans met with a mixed reaction.