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The significant collapse of oil prices shows that it was previously way too high.

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
High
Shows
Way
Previously
Prices
Collapse
Oil
Significant

More quotes by Wolfgang Schauble

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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
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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
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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
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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
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My job is not to predict everything that might happen in the future, but to address what we can do today.
Wolfgang Schauble
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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
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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
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We in Europe need to discuss how we can improve the community. That is the correct order.
Wolfgang Schauble
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Most of the mosques were built in our cities in recent years because Turkish citizens in those neighborhoods feel a growing need for places to pray.
Wolfgang Schauble
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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
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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
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If you make the state responsible for everything, you shouldn't be surprised when you end up with a state that bears some resemblance to a dictatorship.
Wolfgang Schauble
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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
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I'm a firm believer in the monetary union.
Wolfgang Schauble
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You can lead a happy life if you recognize that it's limited and completely unpredictable from one moment to the next.
Wolfgang Schauble
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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
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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
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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
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Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.
Wolfgang Schauble
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You cannot form a community of countries of different strength without a certain amount of equilibrium. That is reflected in, for example, the EU budget and the bailout programs. That is why there are net payers and net recipients in Europe. A community cannot exist if the stronger do not take responsibility for the weaker.
Wolfgang Schauble