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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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Wolfgang Schauble
Age: 82
Born: 1942
Born: September 18
Jurist
Lawyer
Politician
Freiburg/Breisgau
Schäuble
Wolfgang
Wolfgang Schaeuble
Wolfgang Schauble
Schauble
Wolfgang
Schaeuble
Wolfgang
Function
Signal
Continue
Signals
Take
Budget
Important
Balanced
Budgets
Psychological
Debt
Constantly

More quotes by 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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Politics means competition, especially in senior positions. If you don't know that, you're not especially suited to politics.
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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 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
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The significant collapse of oil prices shows that it was previously way too high.
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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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
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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
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Reliability is the precondition for trust.
Wolfgang Schauble
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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
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In the EU, we agree that the pressures causing migration must be reduced.
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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We need more personnel within our security agencies.
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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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
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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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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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The German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis.
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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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