A Strong Europe in a Globalized World: A German Perspective

His Excellency Werner Hoyer, Minister of State, Foreign Office, Federal Republic of Germany

The growing European sovereign debt crisis has many looking to Germany, the largest economy in the euro area and the fifth largest in the world, for a solution. German Chancellor Angela Merkel has affirmed that it is Germany’s duty to contribute to securing the euro’s future. However, with Greece inching closer to default, many are asking if countries should abandon the currency altogether. How far is Germany willing to go to defend the euro? Is the European Union on the brink of implosion or will the debt crisis and other challenges of the globalized world deepen European integration? Join The Chicago Council and His Excellency Werner Hoyer as he discusses the outlook for economic growth within the eurozone and what coordination is needed to achieve positive results from Germany’s perspective.

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