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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
Significant
High
Shows
Way
Previously
Prices
Collapse
Oil

More quotes by Wolfgang Schauble

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If the conflict in Lebanon continues, the risk of attacks will grow. This is why we must contribute to a joint (international) responsibility and help secure peace in Lebanon.
Wolfgang Schauble
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Treaties exist so that they will be adhered to. It only serves to strengthen euroskepticism when we constantly make promises and reach agreements that we do not adhere to.
Wolfgang Schauble
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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
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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
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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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We in Europe need to discuss how we can improve the community. That is the correct order.
Wolfgang Schauble
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Those who constantly qualify everything and have no opinions of their own are ultimately just as incapable of tolerance.
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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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
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It's understandable that Europe's Muslims are in a difficult situation, which is partly their own doing and partly not.
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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Reliability is the precondition for trust.
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 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
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It is clear to us that we will have to become more involved in our neighboring regions so that the migration pressures aren't so high there. Of course the budget negotiations will be difficult, as they always are.
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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By preventing new conflicts, we avert the causes of radicalization and the risk of terrorist attacks in Europe, including in Germany.
Wolfgang Schauble
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I can't think of many other laws we might need. For now, though, we'll be talking to German Muslims over issues of coexistence.
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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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