Germany's Vice-Chancellor and current Finance Minister Olaf Scholz has pledged to raise the minimum wage, freeze pensions and build 400,000 new flats, after the parties agreed on a coalition deal, in Berlin on Wednesday.
Scholz said the wage would be raised to 12 euros, he also announced that "the basic child allowance will be discussed, which will prevent poverty and create better opportunities for children and young people, and at the same time we will keep the pension stable as promised and develop it further."
The SPD leader affirmed that the members of the three parties have agreed to boost housing construction in the fight against high rents. "We will build 400,000 new flats a year, 100,000 of them with public funding."
Germany's Vice-Chancellor and current Finance Minister Olaf Scholz has pledged to raise the minimum wage, freeze pensions and build 400,000 new flats, after the parties agreed on a coalition deal, in Berlin on Wednesday.
Scholz said the wage would be raised to 12 euros, he also announced that "the basic child allowance will be discussed, which will prevent poverty and create better opportunities for children and young people, and at the same time we will keep the pension stable as promised and develop it further."
The SPD leader affirmed that the members of the three parties have agreed to boost housing construction in the fight against high rents. "We will build 400,000 new flats a year, 100,000 of them with public funding."
Germany's Vice-Chancellor and current Finance Minister Olaf Scholz has pledged to raise the minimum wage, freeze pensions and build 400,000 new flats, after the parties agreed on a coalition deal, in Berlin on Wednesday.
Scholz said the wage would be raised to 12 euros, he also announced that "the basic child allowance will be discussed, which will prevent poverty and create better opportunities for children and young people, and at the same time we will keep the pension stable as promised and develop it further."
The SPD leader affirmed that the members of the three parties have agreed to boost housing construction in the fight against high rents. "We will build 400,000 new flats a year, 100,000 of them with public funding."