If you live beyond your means and have to restructure as a result, you pay a price.
Wolfgang SchaubleThe goal of European unification can only be achieved if everyone participates, perhaps with exceptions in some areas. Not all countries are part of monetary union, and not all are in the Schengen area. But the fundamental goal should be to keep everyone on board.
Wolfgang SchaubleIt is clear to us that we will have to become more involved in our neighboring regions so that the migration pressures aren't so high there. Of course the budget negotiations will be difficult, as they always are.
Wolfgang SchaubleI would caution against fueling cheap populism. First of all, every German who has spent a vacation in Greece knows that the standard of living there isn't higher than it is in Germany. Second, Greece is paying a high price for European assistance.
Wolfgang SchaubleIf the Schengen system (of border-free travel) is destroyed, Europe will be seriously endangered politically and economically. That is why we Europeans have to invest billions in Turkey, Libya, Jordan and other countries in the region as quickly as possible everybody as much as they can.
Wolfgang Schauble