I would caution against fueling cheap populism. First of all, every German who has spent a vacation in Greece knows that the standard of living there isn't higher than it is in Germany. Second, Greece is paying a high price for European assistance.
Wolfgang SchaubleAt 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 SchaubleDuring the centuries-long process of Reformation and Enlightenment, Christian churches had to accept some things they didn't like. Islam will have to do the same; otherwise it isn't part of Europe.
Wolfgang SchaubleWe know that the abilities of European Union member states are not infinite. As such, it makes little sense for us to criticize each other.All of us accepted Sweden's decision to introduce border controls too. And that is a country that was for decades the most open to immigration.
Wolfgang SchaubleGermany 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.
Wolfgang Schauble