What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.

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.

Maybe it is the last chance for Europe to influence standards for world trade. Next it will be between the US and the Asia-Pacific region.

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.

I hope Gunter Grass will continue helping the SPD in campaigns and that he will otherwise remain with us as a provocative literary figure, as well.

It isn't easy for everyone in Germany to make ends meet through well-paid work in Germany. You have to have sufficient skills and work hard. And I also know that we have much too much poverty and inequality here. Still, our parents and grandparents built an incredibly prosperous and peaceful country. One shouldn't, of course, play down the degree to which this is dependent on our economic strength. The truth is that Moscow, Beijing and Washington have one thing in common: They don't value the European Union at all. They disregard it.

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.