FULL SPEECH: Germany’s Merz Declares Old World Order Over, Warns Against US Bullying at Davos | AC1G

The speech addresses the new era of great power politics and its implications for Europe and Germany. It emphasizes the need for Europe to bolster its security, enhance economic competitiveness, and foster unity to effectively navigate this evolving global landscape. Germany is committed to increasing its defense spending to 5% of GDP and is actively working to reduce dependencies and tap into its full potential for innovation and growth. The speech also touches on the importance of transatlantic partnerships, particularly with the United States, while advocating for fair trade practices and the establishment of clear rules in international trade. Germany aims to take a leading role in Europe, driving reforms to reduce bureaucracy and promote a fast, dynamic, and service-oriented administration.