For the euro zone sovereign debt problems, Merkel pointed out that solving the debt problem is not a short-term can be achieved can not be achieved at once. Merkel made it clear that the fiscal austerity imposed by the euro area Asian countries can not fundamentally resolve the debt problem. She called for reform of the labor policy and unreasonable employment system to create employment World Steel Pipe News , especially promotion of youth employment. Merkel said the problem of employment will be used as the key topics discussed at the EU summit held in Brussels on the 30th of this month.
2012 World Economic Forum Annual Meeting January 25 to 29 held town of Davos in eastern Switzerland. More than 2,600 delegates from around the world of politics, commerce, science and technology, academic, artistic and media attended the forum. Delegates will be "The Great Transition: shaping a new model" as the theme, focusing on development and employment "," Leadership and Innovation "," Resources and Sustainable "and" social science and technology " four sub-themes held more than 250 seminars. Davos will be in addition to attracting a large number of high-level business, there are about 40 heads of state or heads of government including German Chancellor Angela Merkel, British Prime Minister Cameron and the United Nations Secretary-General Ban Ki-moon, IMF Director-General Lagarde and over 40 international organizations were present.
On the 25th in the World Economic Forum (Davos) the opening ceremony, German Chancellor Angela Merkel said that fiscal austerity is not cure the fundamental way to the debt crisis World steel pipe network editing , the euro area to get rid of the current difficulties need to rely on the active employment policy and political reform.
In addition, Merkel also called for changes in the existing political system of the European Union, given its ability to effectively respond to crises.
Merkel said the euro zone and to fully learn a lesson from the crisis since 2007. Although the euro area to take measures to strengthen supervision of big banks occupy an important position in the financial system, but these measures alone is not enough, not enough to stabilize the financial system as a whole.