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.
Sigmar GabrielMadame Merkel knows very well that her conservative Christian Democratic Union or CDU, and the CSU, the Bavarian sister party to the CDU, with which it shares power nationally, must change their European policies. The FDP's nationalist-liberal position on Europe is presumably one of the reasons the attempt failed to form a Jamaica coalition government which would have seen the CDU, FDP and Green Party govern together.
Sigmar GabrielWe, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally.
Sigmar GabrielEconomically 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.
Sigmar Gabriel