The German minister of economics, Peter Altmaier, said the German economy will do well this year in spite of Brexit, but hopes to avoid a "no deal."
Top policymakers and business leaders have flocked to Davos again for the annual World Economic Forum in the Swiss Alps. The meeting is overshadowed by trade conflicts and a resurgence of economic nationalism.
The German chancellor called on attendees of the World Economic Forum in Davos to remain committed to global institutions but to be open to compromise. She also said that Germany's recent political instability was over.
Angela Merkel has told WEF delegates at Davos that her government would get right-wing populism "under control, but it is a poison." The chancellor insisted that protectionism would not answer the world's problems.
The British Prime Minister is still in office after surviving a no-confidence vote in her government. But Germany and the rest of Europe are deeply worried about the increased likelihood of a no-deal Brexit.
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