We are facing a whole collection of crisis-like developments that we have to watch closely. But we also have to be careful what we point to as crisis indicators.
Wolfgang SchaubleOur balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.
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 Schauble