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 SteinbruckYou can't exactly bake a man to your specifications. Most of all, one shouldn't alienate a candidate. A hybrid of Einstein, Tarzan and Inge Meysel doesn't exist. Besides, the images of politicians in the media aren't always accurate. I've had my share of experiences in that regard.
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 Steinbruck