• Davos - Germany's Merkel says protectionism is not the answer to the world's problems

Market news

24 January 2018

Davos - Germany's Merkel says protectionism is not the answer to the world's problems

  • Says Europe also needs to find ways to shield itself from future crises

  • Europe needs a capital markets union, completion of banking union

  • Digital single market is major priority for Europe

  • Brexit decision has given Europe the courage to move forward

  • Europe must forge common foreign policy, send single message to China, U.S., India and other countries

  • Wants good partnership with UK in future

  • Says pursuit of nationalist solutions risks creating spiral that makes it difficult for countries to talk to each other

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