Current differences of opinion between governments over the question of Iraq must not be allowed to sever that bond”. I would like to confirm that view today here in midtown Manhattan. In the following, I will first comment on the present state of the world economy, which is characterised by unusually high uncertainty.
Afterwards I would like to give you some facts about the German economy. Finally, I will try to spell out the European view of how the fundamentals must be set for sustainable growth to take place. 1.