Merkel stressed the need for Europe to conclude a pact that would drive convergence in competitiveness across the European Union. This would commit members to improve certain aspects of their economy that are not up to standard. In Europe, “we want to be as competitive as possible to ensure the prosperity of our people,” the German leader declared.
“We do not want dynamism at any price but dynamism that can withstand shocks.”
Europe must also focus on persistent structural problems such as unemployment, particularly among the youth. Merkel welcomed any investors who want to give a helping hand to young people.
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