If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.
Peer SteinbruckIf things sometimes get tough, you can't ask yourself what impact it's having on you. It isn't an option.
Peer SteinbruckThe euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.
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 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 SteinbruckIf I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.
Peer Steinbruck