The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.
Wolfgang SchaubleThe German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis.
Wolfgang SchaubleI suggested that countries with tighter finances think about such a [fuel] tax. We don't have the time at the moment for months of discussion.
Wolfgang SchaubleI think we will have to spend more on defense, for infrastructure, for extension of the broadband network and also for domestic security.
Wolfgang SchaubleEmmanuel Macron wants a stronger Europe, just as the chancellor and I do. I was impressed that the new president climbed onto the stage in front of the Louvre to the sound of the European anthem after his election victory. That was a very powerful symbol. It is very clear: Macron is our ally.
Wolfgang Schauble