Germany unveils sweeping economic reforms under Chancellor Merz

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The German government under Chancellor Friedrich Merz has launched a comprehensive economic reform package aimed at strengthening the country's financial outlook. The plan introduces significant tax cuts targeted at families to ease their financial burden. Pension system changes are also included, with the retirement age set to be raised under the new framework. Additionally, the reforms overhaul sick leave policies, making a doctor's note mandatory from the very first day of absence. The initiative represents one of the most wide-ranging workplace and economic shake-ups seen in Germany in recent years.

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