Merkel: Do we dare more Europe? Yes, we dare

By Polya Lesova

DAVOS, Switzerland (MarketWatch) -- German Chancellor Angela Merkel said on Wednesday that Europe is serious about solidarity, but "what we don't want is to promise something that we cannot deliver." In the opening address at the annual meeting of the World Economic Forum in Davos, Merkel said: "The question is do we dare more Europe? Yes, we dare more Europe." She also said that some of the efforts undertaken by European nations to deal with the sovereign debt crisis are not sufficiently acknowledged. "It's important we remain steadfast on this course of reform," Merkel said. "We still have to convince each other that this is necessary." Jobs and growth will be very prominent on the agenda at the European Union summit on Jan. 30.

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Germany’s Merkel: Yes, we dare more Europe