For Martin Schulz, the chancellor candidate for the center-left Social Democrats, friendly wishes don't go far enough. He would like to see much more enthusiastic support for Emmanuel Macron than that shown by Chancellor Angela Merkel, whose comments so far have tended to be reserved. As she put it, she doesn't see a need to change her policies because of Macron.
Wolfgang SchaubleThe United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.
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 SchaubleBy preventing new conflicts, we avert the causes of radicalization and the risk of terrorist attacks in Europe, including in Germany.
Wolfgang Schauble