Economic news

German upper house blocks landmark welfare reform

2022.11.14 06:43


German upper house blocks landmark welfare reform

Budrigannews.com – Germany’s conservative opposition held up a major welfare reform on Monday, raising the prospect of a resolution process that the government hopes can still allow the introduction of ambitious measures to support the unemployed in gaining vocational skills.

Conservatives in the Bundesrat upper house blocked the reform that promises to raise payments to people on state benefits and help the unemployed gain new skills, replacing a system that pushes them to accept any job offer.

The overhaul is aimed at addressing a shortage of skilled workers in Europe’s largest economy and would replace the Hartz IV system that sanctions people who reject job offers.

Opposition conservatives have argued that the Buergergeld, or “citizens’ money”, promises to be so generous that low-income earners will have less money than those receiving the benefit — a charge the government rejects.

The measure passed the lower house last week. Now, Labour Minister Hubertus Heil wants to call on a committee that mediates between the two chambers to fast-track a resolution so the rump of the reform can still come into force from Jan. 1.



Source link

German upper house blocks landmark welfare reform

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,343.81 1.55%
ethereum
Ethereum (ETH) $ 3,328.24 2.75%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 249.00 2.79%
bnb
BNB (BNB) $ 652.18 0.58%
xrp
XRP (XRP) $ 1.36 7.74%
dogecoin
Dogecoin (DOGE) $ 0.416896 2.61%
usd-coin
USDC (USDC) $ 1.00 0.15%
cardano
Cardano (ADA) $ 0.984803 6.55%
staked-ether
Lido Staked Ether (STETH) $ 3,327.69 2.90%
tron
TRON (TRX) $ 0.205538 3.73%
avalanche-2
Avalanche (AVAX) $ 40.04 4.92%
the-open-network
Toncoin (TON) $ 6.08 4.97%
stellar
Stellar (XLM) $ 0.505044 0.38%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 3.41%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,938.90 2.83%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,044.73 1.56%
polkadot
Polkadot (DOT) $ 8.48 0.93%
chainlink
Chainlink (LINK) $ 16.94 3.24%
bitcoin-cash
Bitcoin Cash (BCH) $ 503.88 0.84%
weth
WETH (WETH) $ 3,326.17 2.79%
sui
Sui (SUI) $ 3.32 3.73%
pepe
Pepe (PEPE) $ 0.00002 4.68%
near
NEAR Protocol (NEAR) $ 6.48 5.01%
leo-token
LEO Token (LEO) $ 8.38 2.82%
litecoin
Litecoin (LTC) $ 95.77 2.69%
aptos
Aptos (APT) $ 11.98 6.68%
uniswap
Uniswap (UNI) $ 10.47 5.56%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,501.78 2.80%
hedera-hashgraph
Hedera (HBAR) $ 0.142556 7.00%
usds
USDS (USDS) $ 1.00 0.16%
internet-computer
Internet Computer (ICP) $ 11.04 3.28%
crypto-com-chain
Cronos (CRO) $ 0.185458 5.97%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.541677 5.39%
ethereum-classic
Ethereum Classic (ETC) $ 27.95 6.78%
render-token
Render (RENDER) $ 7.53 3.50%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.48 4.94%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
kaspa
Kaspa (KAS) $ 0.150025 3.65%
bittensor
Bittensor (TAO) $ 504.90 2.33%
whitebit
WhiteBIT Coin (WBT) $ 24.25 2.02%
dai
Dai (DAI) $ 1.00 0.09%
celestia
Celestia (TIA) $ 7.94 11.34%
arbitrum
Arbitrum (ARB) $ 0.827228 4.09%
bonk
Bonk (BONK) $ 0.000045 6.74%
filecoin
Filecoin (FIL) $ 5.50 0.44%
vechain
VeChain (VET) $ 0.040677 1.75%
mantra-dao
MANTRA (OM) $ 3.65 1.62%
cosmos
Cosmos Hub (ATOM) $ 8.31 1.81%
okb
OKB (OKB) $ 52.91 3.92%