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If you live beyond your means and have to restructure as a result, you pay a price.
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
Mean
Restructure
Price
Result
Pay
Beyond
Results
Means
Live
More quotes by Wolfgang Schauble
The significant collapse of oil prices shows that it was previously way too high.
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
If there are possibilities for strengthening investments, they will not fail because of us. Emmanuel Macron is right when he says that we need to do more and talk less.
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
We need more personnel within our security agencies.
Wolfgang Schauble
About three million Muslims live in the country, but we have no relationship to our diverse Muslim society, despite the fact that it's an established part of our larger society. We need to build a stronger foundation for the relationship between Muslims and the state.
Wolfgang Schauble
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
Reliability is the precondition for trust.
Wolfgang Schauble
Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.
Wolfgang Schauble
Europe has grown through crises. Each crisis also presents opportunities, and Europe has emerged stronger from each one. That is the way history unfolds. Europe is sometimes slow, and it reacts sluggishly, but it is capable of finding solutions.
Wolfgang Schauble
We are facing a whole collection of crisis-like developments that we have to watch closely. But we also have to be careful what we point to as crisis indicators.
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
If the Schengen system (of border-free travel) is destroyed, Europe will be seriously endangered politically and economically. That is why we Europeans have to invest billions in Turkey, Libya, Jordan and other countries in the region as quickly as possible everybody as much as they can.
Wolfgang Schauble
If we want to avoid a clash of cultures - and the jury is still out on whether we can - we'll have to make different cultures and religions compatible with the universal nature of human rights and tolerance. But I can promise you this: Anyone who calls me an infidel at the conference will be in for a fight.
Wolfgang Schauble
We were always faced with questions like: What about a religious community like Milli Görüs, which is represented by the Islamic Council? And what about the Central Council of Muslims? But we don't wish to exclude people from the start.
Wolfgang Schauble
I think we will have to spend more on defense, for infrastructure, for extension of the broadband network and also for domestic security.
Wolfgang Schauble
A number of politicians, including those within your own party, believe Germans would be safer if the German military didn't insert itself into so many of the world's hot spots.
Wolfgang Schauble
In China, it was always said that a double-digit rate of growth would be dangerous. Now, the country has a growth rate of 6.9 percent and suddenly that is supposed to be a catastrophe for the global economy.
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