Demonstranten halten am 07.07.2017 vor der er Elbphilharmonie in Hamburg ein Plakat mit der Aufschrift "Block G20 Offene Grenzen und Bleiberecht..." . Am 07. und 08. Juli kommen in der Hansestadt die Regierungschefs der führenden Industrienationen zum G20-Gipfel zusammen. Foto: Bodo Marks/dpa +++(c) dpa - Bildfunk+++

The group Attac, which is critical of globalization, has accused German Chancellor Angela Merkel of staging a “cynical production” as the G-20 summit opens. Alexis Passadakis of the group says that although Merkel may be positioning herself as the “leader of the free world,” with its “multilateral policies for more free trade, the German government is actually pursuing an aggressive export surplus strategy that is creating serious global imbalances, economic instability and political tensions.”
From Attac’s perspective, the G-20 has “no legitimate foundations in international law.” “Instead of effectively disarming the financial markets, he argues the G-20 has rescued neoliberal financial market capitalism at the costs of the lower end of the population. That has led to greater social inequality rather than global equality.” He said Attac plans to take to the streets in order to “throw a spanner in the works” of the summit.
Earlier Friday, German Development Minister Gerd Müller …
READ MORE ON SPIEGEL.DE