Wolfgang Schauble Quotes
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Reliability is the precondition for trust.
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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.
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History shows us a lot of things. It shows why the Lord's Prayer includes the supplication: "And lead us not into temptation." In my day, dissertations were still written by hand, or drummed out with a typewriter. In the past, you had to round up the literature, find the books and find the passages. Nowadays you click on Wikipedia or Google and you have everything you need. This probably makes it more difficult to resist temptation.
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Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.
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If you live beyond your means and have to restructure as a result, you pay a price.
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The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.
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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.
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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.