If we want to make Europe stronger, then each country first has to ensure that it becomes stronger itself. This applies to Italy and France, and it applies to Germany as well. Subsequently, we in Europe need to discuss how we can improve the community. That is the correct order.

Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.

If we want to make Europe stronger, then each country first has to ensure that it becomes stronger itself. This applies to Italy and France, and it applies to Germany as well. Subsequently, we in Europe need to discuss how we can improve the community. That is the correct order.

History shows us a lot of things. It shows why the Lord's Prayer includes the supplication: "And lead us not into temptation." In my day, dissertations were still written by hand, or drummed out with a typewriter. In the past, you had to round up the literature, find the books and find the passages. Nowadays you click on Wikipedia or Google and you have everything you need. This probably makes it more difficult to resist temptation.

It has been clear for some time now that we have to do more for domestic and external security. I am prepared for that.

Many things can happen very quickly in times of crisis.

At the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.