There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
Peer SteinbruckYou can't let a candidate run for too long. He will be dragged along, cut apart, put back together and ripped to shreds again - from both the political opponents and the media.
Peer SteinbruckGreece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
Peer SteinbruckThe U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
Peer Steinbruck