German Chancellor Angela Merkel has given credit to Greece, Ireland and Portugal for “early successes” in their economic recovery, while noting the three crisis-stricken countries have not out of recession yet, highlighting the necessity for further reforms.
On the occasion of the passing of the budget in the German parliament, Angela Merkel made extensive reference to Europe’s crisis and youth unemployment.
According to Deutsche Welle, the chancellor, two days before she visits Athens, argued that a strong Germany is a strong Europe and for therefore central to shaping the European policy.
“The first achievements of Greece, Ireland and Portugal should not be underestimated; however, the crisis has not been overcome. We still have some way to go,” Merkel said.