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.

The G8 nations, together with the five major emerging economies of China, India, South Africa, Brazil, Mexico, use almost three-quarters of the Earth's biocapacity - the capacity of the world's ecosystems to produce natural resources and to reduce harmful substances.

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.

The task for Germany today is - through its own policies and its own structural reforms, its own investments - to support the EU and the Commission... but every nation has to have the courage to broach such structural reforms and speak clearly about them without making people be afraid.

My office has a view of low-cost housing, old East German prefabricated apartment buildings. It isn't an attractive view, but it's very helpful, because it reminds me to ask myself, whenever there is a decision to be made, whether the people who live there can afford our decisions.

But, as environment minister, I am very interested in a thriving German automobile industry, because I can only pay for the rising costs of environmental protection at home and abroad if there are people in Germany with jobs and who pay taxes.

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.