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.

In the past, Germany could rely on the French, the British and, especially, the Americans, to assert our interests in the world. We have always criticized the U.S. for being the global police, and it was often appropriate to do so. But we are now seeing what happens when the U.S. pulls back. If the U.S. leaves the room, other powers immediately walk in. In Syria, it's Russia and Iran. In trade policy, it's China. These examples show that, ultimately, we are no longer achieving either - neither the dissemination of our European values nor the advancement of our interests.

Less and less is the question being asked as to whether developments are taking place in a democratic and free way. Europe is in a phase in which this output is no longer sufficiently visible or tangible. Youth unemployment is still far too high, we still haven't solved our currency problem and living conditions in Europe are drifting apart. That is one reason why critics say that our Europe is based on yesteryear's model.

Countries that work with Europe should feel safer than they would if they worked with non-democratic regimes. Why isn't Europe building infrastructure in Africa instead of leaving it to the Chinese? Why haven't we succeeded in promoting the economic development of our neighbors in the Balkans, instead conceding these countries to growing Russian influence? In an uncomfortable world, we Europeans can no longer sit back and wait for the U.S.A.

The new social question is: democracy or the rule of the financial markets. We are currently witnessing the end of an era. The neoliberal ideology has failed worldwide. The U.S. movement Occupy Wall Street is a good example of this.

Iran is the only country in the world that's threatening to erase another country from the map as part of a collective genocide.

We will fight against any pro-nuclear power plan. And we will remind people that a change in the German nuclear consensus would stifle the development of sustainable energy and it would cost jobs. The SPD is the strongest among the opposition parties and we must take on this role with vigour.