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Wolfgang Schauble


German
September 18, 1942
Politician
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I think there will be no government bankruptcy in Greece.


Wolfgang Schauble
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The presidency of the Euro group is an interesting and important task.


Wolfgang Schauble
Politics means competition, especially in senior positions. If you don't know that, you're not especially suited to politics.
Wolfgang Schauble
Tags: Politics You Know
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
Tags: Just Who Would
If we were to have a presidential election in Europe it would be an event that would spark a huge interest in people from Lisbon to Helsinki, just like national elections. And it would create a completely different political setting in Europe.
Wolfgang Schauble
Tags: People Like Just
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
Tags: Who Than Would
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
Tags: Want Make Only
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.
Wolfgang Schauble
Tags: People More Go