Merck KGaA, Darmstadt, Germany
Merck KGaA, Darmstadt, Germany
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CEO Karl-Ludwig Kley attends World Economic Forum in Davos
More than 2,500 participants from the worlds of business, politics, science and culture as well as representatives of international organizations attended the annual meeting of the World Economic Forum (WEF) this week. Besides discussing topics that we can make a positive contribution to, CEO Karl-Ludwig Kley shared his views on current economic challenges and the future development of our company in various media interviews.
Please click here to watch a video with CNBC and access relevant media articles.

Selected Readings

This Year's Hot Emerging Market at Davos? The U.S.A.
In a story published a couple of days before WEF in Davos was kicked-off, Bloomberg reported, that the main focus may be on the U.S.
CEO Kley is quoted: “If you want to participate in innovation, you have to be in the U.S.,” says Chief Executive Officer Karl-Ludwig Kley. “No country on earth is investing as much in innovation.” 
The New York Times
ECB Stimulus Calls for 60 Billion Euros in Monthly Bond-Bying
Kley commented on ECB’s decision to start bying government bonds in an interview conducted in Davos. He told the New York Times: “I do not believe it will have a major effect.  . . . I do not see consumers buying more. I do not see companies investing more.”
Dow Jones
CEO Kley Criticizes ECB Move on QE
Kley also commented “it’s not necessary to flood the entire eurozone in order to fight fires in individual countries,” published by Dow Jones.
Interview with ZDF for "heute" and "Makro"
In an interview with ZDF for the programs "heute" and "Makro" (3Sat), Karl-Ludwig Kley discussed European policy reforms that are in the pipeline.
Pressure versus dialogue
During his stay in Davos, CEO Karl-Ludwig Kley commented on the situation in Ukraine in the Handelsblatt saying that he was of course concerned about the situation in Ukraine, but that it was important to always talk to each other - and in times of tension or crisis this was a must.  He added that representatives from business and civil society communicate regularly with each other. And this is what he was doing here in Davos. However, according to Kley, the decisive impetus to solve the problem must come from the highest political level. Business can only play a supporting role here.
How CEOs see the future of the German economy
The Süddeutsche Zeitung conducted a survey during the World Economic Forum in Davos featuring 12 economic leaders of German companies. 
Among the participants was Karl-Ludwig Kley.
Die Welt
Leading economists support Draghi in act of desperation
Whilst in Davos, Kley commented on the ECB decision in the Welt, saying he didn't think quantitative easing was necessary. He went on to add that structural reforms were what was needed.
And most importantly, business and politics needed to win back the trust of the people, consumers and investors. That's all you need.
Dow Jones
CEO Kley criticizes ECB purchase of government bonds
Speaking from Davos, Kley told the Dow Jones news agency that easing monetary policy would ultimately be ineffective and that the euro zone was not lacking in money.


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