Europe must push on with reform

Posted by Forexsq 542 days ago (http://money.cnn.com)
img Europe must press ahead with economic reform, and become more competitive to restore stability and achieve sustainable growth, German chancellor Angela Merkel said Thursday.

"Experience has shown you need pressure to pursue structural reforms," she said at the World Economic Forum in Davos, Switzerland. "Unemployment had to hit five million in Germany before there was a readiness to pursue structural reforms."

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