It became obvious that we had completely failed to impose rules on unbridled speculative capitalism. That destroyed financial systems, hollowed out state systems and deeply shook German social stability. Can you recall the debate about "locust" hedge funds - even if it's a terrible term. The speculator capitalists roamed the land, stealing the substance from companies and throwing away the shells. And we were powerless.

I believe that dignified work is a value in itself.

[Recep Tayyip] Erdogan is an adherent of realpolitik. He knows that international relations are not built on the strength of unilateral demands, but on solutions that are in everybody's best interest.

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.

Donald Trump must be taken seriously. He is fulfilling his dangerous campaign promises.

You can be sure that I won't experiment with right-wing terms.

The dream of Europe is a region of freedom and peace, of security, law, democracy, tolerance and mutual respect. If you look into the faces of the refugees you will see this dream. These are people who are fleeing from war, hate, violence and unjust systems.