German Chancellor Merkel: The EU must carry out comprehensive economic reforms, or it will become a "pawn" of China and the US
On the eve of the upcoming EU leaders' summit in Brussels, Belgium next week, on October 16 local time, German Chancellor Merkel delivered a speech in the German Federal Parliament. She warned that the EU must implement comprehensive economic reforms, otherwise it would face the risk of losing global influence.
"This is crucial for the future of our country and European countries, because in the coming weeks, months, and even years, it will ultimately decide whether Europe can maintain its independent position in the global economy, or become a pawn of the major economic centers in Asia or America," Merkel said.
According to this report, the "Politico" European edition reported the same day that Merkel's remarks were a warning that Europe might become a "pawn" of China and the US economically.
It is reported that currently, Merkel is facing increasing political pressure at home in Germany, with demands for her to take more measures to address Germany's economic difficulties.
After two consecutive years of economic contraction, economists expect that Germany's economy will hardly grow this year, partly due to the tariff policies of US President Trump, which have severely impacted Germany's export-oriented economy.
Original: www.toutiao.com/article/1846193115902154/
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