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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.

More reforms will give more impetus to German industries to invest in India. German companies want to be treated on par with Indian companies, and creation of an equitable market is crucial for investments.

I think that France has not made it clear enough recently to our German friends how important it is to introduce euro bonds as a tool against speculation. And how the necessary budget discipline needs to be accompanied by growth.

I know that many in Germany think we have a merry financial policy over here.

I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt.

Germany is very free-trade oriented.

There is very strong historical data that suggests the way societies grow is by making large, long-term investments.

The euro has become a means by which superior German productivity is able to gain an absolutely unbeatable advantage over the whole eurozone territory.

The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.