German Chancellor Angela Merkel
insisted on Wednesday "protectionism is not the answer" to world problems, addressing the Davos economic summit before US President Donald Trump appears
to defend his "America First" agenda.
Germany's president said Wednesday it is "morally and politically necessary" to limit Europe's refugee influx, warning that failing to do so meant ceding ground to populists and extremists.
Prominent US investor George Soros launched a devastating broadside against the Germany's handling of the European debt crisis, saying the eurozone was on a “self-destructive” course.
Chancellor Angela Merkel has warned that Germany was not prepared to expose itself to further damage on the markets in order to save the eurozone as the IMF called for a pooling of rescue funds.
German Chancellor Angela Merkel on Friday called on fellow European countries to slash their deficits, warning that debt is the main threat to the economies of the crisis-hit eurozone.
Economy Minister Rainer Brüderle was riled at the annual meeting of the World Economic Forum in Davos, Switzerland on Saturday when Defence Minister Karl-Theodor zu Guttenberg had breakfast with 20 economic leaders.