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The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.
Wolfgang Schauble
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Wolfgang Schauble
Age: 82
Born: 1942
Born: September 18
Jurist
Lawyer
Politician
Freiburg/Breisgau
Schäuble
Wolfgang
Wolfgang Schaeuble
Wolfgang Schauble
Schauble
Wolfgang
Schaeuble
Wolfgang
United
Sector
Money
Industrial
States
Neglect
Long
Companies
Inflating
Financial
Neglecting
Lived
Unnecessarily
Small
Sized
Company
Borrowed
More quotes by Wolfgang Schauble
I want to see religious instruction and sermons held in German in the mosques. The ideal, in my view, would be for imams to be trained in Germany and to speak our language, just as the Roman Catholic Church now holds mass in German and gave up Latin long ago.
Wolfgang Schauble
We will not be able to meet the challenges of integration and the threats posed by international terrorism. If we want to prevent attacks, we'll need more information and better integration.
Wolfgang Schauble
The goal of European unification can only be achieved if everyone participates, perhaps with exceptions in some areas. Not all countries are part of monetary union, and not all are in the Schengen area. But the fundamental goal should be to keep everyone on board.
Wolfgang Schauble
Emmanuel Macron wants a stronger Europe, just as the chancellor and I do. I was impressed that the new president climbed onto the stage in front of the Louvre to the sound of the European anthem after his election victory. That was a very powerful symbol. It is very clear: Macron is our ally.
Wolfgang Schauble
We know that the abilities of European Union member states are not infinite. As such, it makes little sense for us to criticize each other.All of us accepted Sweden's decision to introduce border controls too. And that is a country that was for decades the most open to immigration.
Wolfgang Schauble
Germany has always stood for an E.U. of the 27 countries. But in light of Britain's continued resistance to further integration steps, as we saw with the fiscal pact, there are limits to my optimism in this regard. It's quite possible that we will have to create the new institutions for the euro zone first.
Wolfgang Schauble
Britain is economically very closely integrated with its European partner countries. Were these ties to be cut, it would be a huge step backwards for the country and would weaken it considerably. In the era of globalisation, splendid isolation is not a smart option.
Wolfgang Schauble
It has been clear for some time now that we have to do more for domestic and external security. I am prepared for that.
Wolfgang Schauble
Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.
Wolfgang Schauble
I don't know how many resolutions from the IMF or G-20 we have already written saying that such [financial] reforms are necessary for new growth.
Wolfgang Schauble
It is true that no member state can be required to make payments to others. But if countries want to offer voluntary assistance, as in the Greek case, this isn't only allowed, but it's also in Germany's interest. We all benefit by ensuring the stability of the euro zone.
Wolfgang Schauble
By preventing new conflicts, we avert the causes of radicalization and the risk of terrorist attacks in Europe, including in Germany.
Wolfgang Schauble
I don't want to interpret the pope's words, especially as I am one of those horrible people who fell away from the Roman church after Martin Luther.
Wolfgang Schauble
Reliability is the precondition for trust.
Wolfgang Schauble
Religion teachers for Islam instruction are being trained now in Münster and Erlangen. This has to happen quickly. My goal is to achieve relevant results within two years.
Wolfgang Schauble
My job is not to predict everything that might happen in the future, but to address what we can do today.
Wolfgang Schauble
I suggested that countries with tighter finances think about such a [fuel] tax. We don't have the time at the moment for months of discussion.
Wolfgang Schauble
It's understandable that Europe's Muslims are in a difficult situation, which is partly their own doing and partly not.
Wolfgang Schauble
I would caution against fueling cheap populism. First of all, every German who has spent a vacation in Greece knows that the standard of living there isn't higher than it is in Germany. Second, Greece is paying a high price for European assistance.
Wolfgang Schauble
As for the role of France and Germany: French politics is often more self-confident then German politics due to the catastrophe in the first half of the last century. If Berlin and Paris don't agree, then it is difficult to make progress in Europe.
Wolfgang Schauble