Author

Crisis and pressure help foster change - that's why I'm not so pessimistic towards crises.

Politics means competition, especially in senior positions. If you don't know that, you're not especially suited to politics.

From Wolfgang Schauble

We cannot allow the bankruptcy of a euro member state like Greece to turn into a second Lehman Brothers.

From Wolfgang Schauble

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.

From Wolfgang Schauble

My private financial situation is such that I don't need to worry about my investments. I don't have much to invest.

From Wolfgang Schauble

This much is true: When we created the euro, it wasn't possible to create a political union along with it. People weren't ready for that. But since then, they've grown more willing to go in that direction. It's a process, one that is sometimes laborious and sometimes slow. But it's important to keep the populations involved.

From Wolfgang Schauble