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.
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 SchaubleIf 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.
Wolfgang SchaubleHistory 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.
Wolfgang SchaubleIf we want to avoid a clash of cultures - and the jury is still out on whether we can - we'll have to make different cultures and religions compatible with the universal nature of human rights and tolerance. But I can promise you this: Anyone who calls me an infidel at the conference will be in for a fight.
Wolfgang Schauble