If you live beyond your means and have to restructure as a result, you pay a price.

Germany has always stood for an E.U. of the 27 countries. But in light of Britain's continued resistance to further integration steps, as we saw with the fiscal pact, there are limits to my optimism in this regard. It's quite possible that we will have to create the new institutions for the euro zone first.

About three million Muslims live in the country, but we have no relationship to our diverse Muslim society, despite the fact that it's an established part of our larger society. We need to build a stronger foundation for the relationship between Muslims and the state.

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

If 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.

Religion teachers for Islam instruction are being trained now in Münster and Erlangen. This has to happen quickly. My goal is to achieve relevant results within two years.

Britain is economically very closely integrated with its European partner countries. Were these ties to be cut, it would be a huge step backwards for the country and would weaken it considerably. In the era of globalisation, "splendid isolation" is not a smart option.