Merkel Says Euro Crisis Means She’ll Miss Rio Climate Conference

German Chancellor Angela Merkel said that she’ll miss the climate conference in Rio de Janeiro because she has to return to Europe to prepare for a European Union summit on the financial crisis.

“I had to decide for scheduling reasons” to return to Germany after the June 18-19 Group of 20 summit in Mexico because of the “challenges” in the euro area, including the EU summit on Jan 28-29, Merkel told reporters in Berlin today.

Germany will still be well represented at the Rio+20 climate conference next week, she said.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE