Merkel: Leaders must dare for 'more Europe'
Thursday 26 January 2012 - by Andrew Hickley
Countries across the EU must unite in the areas of budgetary discipline, competitiveness and solidarity, Merkel said during a speech at the World Economic Forum in Davos.
Additionally, she urged G20 countries to continue work on implementing financial market regulation and securing free trade agreements against increasing signs of protectionism.
But while the Chancellor acknowledged Europe is currently the world's "big economic headache", Merkel hit out at suggestions the eurozone is the only problem increasing pressure on worldwide activity.
"I think if we are honest we are not the only headache that we have, there are a number of countries where other work is to be done," she said.
Merkel added that she wants work on worldwide growth to be at the forefront of a G20 meeting in Mexico later this year.
|Login||Register||Most read||Most commented|
Will markets in 2012 have a tougher time than 2011?