Wolfgang Schauble Quotes

Wolfgang Schauble — German Politician born on September 18, 1942,

Wolfgang Schäuble is a German politician of the Christian Democratic Union who has served as Germany's Federal Minister of Finance in the second and third Merkel cabinets since 2009... (wikipedia)

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.

In the long term, Germany didn't need a finance minister who was absent during important negotiations in the European Council. But the chancellor strongly encouraged me to stay. And everything did work out for the best in the end.

The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.

I've been a politician long enough to know that every year will find us living in a situation that one couldn't have imagined a year previously. Sometimes it's better than we imagined, sometimes it's not as good.

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 Quotes

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