The German government has denied media reports suggesting that Chancellor Angela Merkel has canceled her trip next week to the World Economic Forum in Davos, Switzerland, due to political pressures at home.
On Sunday, the Financial Times ran a front page story with the headline "Merkel cancels Davos trip as pressure rises over handling of Cologne attacks," saying that the German Chancellor had canceled her regular trip to the World Economic Forum following the spate of sexual assaults on German women on New Year's Eve, allegedly carried out by men of Arab or North African origin.
However, the German government denied that she had canceled her trip to Davos as a result, saying she had no plans to attend the summit this year anyway.
"This year, Merkel never planned to go to Davos so no trip has been canceled," a German government spokesperson told CNBC on Monday. "The president (Joachim Gauck) will be there instead in her place."