Etienne Schneider Quotes

Luxembourg, Politician
January 29, 1971

Etienne Schneider is a Luxembourg politician and economist of the Luxembourg Socialist Workers' Party (LSAP). He was a municipal councillor in Kayl from 1995 to 2005, and from 1997 to 2004, he was secretary general of the parliamentary group of the LSAP in Parliament. He was elected first alderman of the municipality of Kayl in 2005, a mandate he held until May 2010. Schneider was appointed Minister of the Economy and Foreign Trade on 1 February 2012. In the government formed following the 2013 Luxembourg general election he is Deputy Prime Minister and Minister of the Economy.

In 1985, the government decided to launch the first satellite. We had huge discussions then that nobody would need that kind of satellite or that it could fall from the sky.

Etienne Schneider
Luxembourg has always been a country that has tried to reinvent its own future.

Etienne Schneider
- Country
- Future
- Reinvent

In the long term, space resources could lead to a thriving new space economy and human expansion into the solar system.

Etienne Schneider
- Economy
- Lead
- Resources
Our aim is to open access to a wealth of previously unexplored mineral resources on lifeless rocks hurling through space, without damaging natural habitats.

Etienne Schneider
- Wealth
- Rocks
- Habitats
Luxembourg is the first adopter in Europe of a legal and regulatory framework recognizing that space resources are capable of being owned by private companies.

Etienne Schneider
We will support the long-term economic development of new, innovative activities in the space and satellite industries as a key high-tech sector for Luxembourg.

Etienne Schneider
Luxembourg is such a small country that we always have to reinvent ourselves and take on a certain risk to succeed.

Etienne Schneider
- Risk
- Succeed
Fishermen own the fish they catch, but they do not own the ocean.

Etienne Schneider
- Ocean
- Fishermen

Luxembourg's aims is to be in the top 10 space-faring nations in the world.

Etienne Schneider
- Nations
- Aims
I have more than 70 space companies in the pipeline.

Etienne Schneider
- Space
- Companies
- Pipeline
Asteroids are often seen as a threat, but they are also an opportunity. The use of space resources holds a large potential for future technological innovation.

Etienne Schneider
Luxembourg has a track record of being successful when it takes risks. You need to take on risks to be successful.

Etienne Schneider
- Successful
- Record
- Risks
London is a very important financial centre.

Etienne Schneider
- Financial
- London