The significant collapse of oil prices shows that it was previously way too high. Wolfgang Schauble More Quotes by Wolfgang Schauble More Quotes From Wolfgang Schauble You can lead a happy life if you recognize that it's limited and completely unpredictable from one moment to the next. Wolfgang Schauble nextmomentshappy-life If you live beyond your means and have to restructure as a result, you pay a price. Wolfgang Schauble resultspaymean My job is not to predict everything that might happen in the future, but to address what we can do today. Wolfgang Schauble addressesmightjobs 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 communityresponsibilitycountry 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 united-statesfinanciallong Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt. Wolfgang Schauble debtpsychologicalimportant 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 optimismlightcountry 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 promise 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 germanygreekcountry During the centuries-long process of Reformation and Enlightenment, Christian churches had to accept some things they didn't like. Islam will have to do the same; otherwise it isn't part of Europe. Wolfgang Schauble christianeuropelong 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 manipulationgrowthhands Britain is economically very closely integrated with its European partner countries. Were these ties to be cut, it would be a huge step backwards for the country and would weaken it considerably. In the era of globalisation, "splendid isolation" is not a smart option. Wolfgang Schauble smartcuttingcountry 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 citiesyearsneeds Reliability is the precondition for trust. Wolfgang Schauble reliability As a wheelchair user, you cant move about freely. Thats the only thing that bothers me a little. When Im in the Euro Group in Brussels, colleagues who want to talk to me have to come to me. But I hope they know that this has nothing to do with arrogance. Wolfgang Schauble arrogancewantmoving 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 exceptiongoalcountry 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 churchwantpeople 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 vacationgermanyfirsts 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 investmentpossibilityfailing If we want to make Europe stronger, then each country first has to ensure that it becomes stronger itself. This applies to Italy and France, and it applies to Germany as well. Subsequently, we in Europe need to discuss how we can improve the community. That is the correct order. Wolfgang Schauble strongercommunitycountry
