Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.
Wolfgang SchaubleI don't know how many resolutions from the IMF or G-20 we have already written saying that such [financial] reforms are necessary for new growth.
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