When you think back today to a time more than 70 years ago when Germany was a terrible place, a place people were afraid of, it is a wonderful development that we have gone from being a terrible place to a place that people dream of.

When you think back today to a time more than 70 years ago when Germany was a terrible place, a place people were afraid of, it is a wonderful development that we have gone from being a terrible place to a place that people dream of.

Economically and politically, Germany is extremely stable. There are countries with functioning governments whose institutions don't work. My only concern is about Europe. There's a risk we will run out of time. We have been blessed with a pro-European French president, but we are also approaching the next elections for the European Parliament in 2019, and it will be important for pro-European parties present a credible answer to the anti-Europeans on the left and the right.

Taming the financial markets and winning back democratic control over them is the central condition for creating a new social balance in Germany and Europe.

However, I have a low opinion of people with narrow political horizons. Someone who talks about the environment and knows nothing about economics can make as many mistakes as someone who does the opposite.

Turkey is currently seeking to make itself more independent from Europe and is turning to the east. Is that in our interest? Does it help us bolster Western values in Turkey, or at least here at home? Or are we making ourselves weaker overall? At the same time, Turkey is violating our European moral concepts. It's a difficult conflict to endure, and it leads to necessary disputes and debates.

It is clear that Germany needs a foreign policy in which we jointly define European interests. Thus far, we have often defined European values, but we have been much too weak in defining mutual interests. To preempt any possible misunderstandings: We cannot give short shrift to our values of freedom, democracy and human rights.