There you see how absurd the reactions of the so-called markets are. For a long time, Italy was run by one of the most unprofessional politicians anywhere. But there wasn't much pressure in terms of speculation. Now, in Mario Monti, Italy has the kind of leader you usually only get in Hollywood movies, a distinguished professor who won't even accept a cook at his residence, the Palazzo Chigi. Instead Monti's wife cooks their pasta herself - and this is the man the markets don't trust.
Martin SchulzI firmly believe that the inequity [in society] is enormous. The people have the feeling that you are allowed to do anything if you are rich. But if you're poor, you have to pay. We [Europeans] have to counter this.
Martin SchulzI have no illusions. Of course, Russia is massively upgrading its military. We know that Russia is pursuing a policy of expansion. This is of course a cause for concern among Eastern European countries.
Martin SchulzThe ESM, the European Stability Mechanism, is not funded by Germany alone. Twenty-seven percent of the bailout package comes from Germany. Italy and France together cover a total of 38 percent. That's reality. It makes no sense to say that everyone wants to get at Germany's money.
Martin SchulzA joint European army is a very far-reaching proposal and it would be difficult to implement. Such initiatives are nevertheless needed.
Martin Schulz