German Chancellor Angela Merkel addressed hundreds at the World Economic Forum in Davos, Switzerland on the state of the eurozone. She said “considerable progress” was being made in solving the crisis, but eurozone countries must implement the structural reforms needed to reduce government debt levels.
Following her remarks, she answered questions.
Germany is the largest economy in the 17-member eurozone states.The World Economic Forum brings together thousands of world leaders and experts in politics, economics, philanthropy and business.
This year’s forum emphasizes innovation as an approach to improve business and economic conditions. The meeting is titled, Leading through Adversity, Strengthening Societal Resilience, and Restoring Economic Dynamism.
World leaders, including heads of government and ministerial representation from 19 of the G20 countries, are among the more than 2,600 participants who convene for the Forum’s 43rd annual meeting.
The WEF's program includes a series of on-the-record, one-on-one interviews with academic, media, business and civil society leaders.