After meeting with Pope Francis, Angela Merkel has called for stronger market regulation. On Thursday, the pope had appealed for financial reform, saying the economic crisis had worsened conditions for millions.
The German chancellor spoke with the pope privately in his library for 45 minutes, unusually long for a private papal audience. Afterward, she told reporters that the scandals and excesses criticized by Francis earlier in the week showed that regulatory measures had failed.
In his speech on Thursday, the pope had urged countries to protect their poorest citizens. He said a "cult of money" tyrannized the poor.
"Pope Francis made it clear that we need a strong, fair Europe, and I found the message very encouraging," said Merkel, the leader of Germany's Christian Democratic Union, which has strong Catholic support.
mkg/jr (Reuters, dpa, AP)