67 Quotes by Wolfgang Schauble

We cannot allow the bankruptcy of a euro member state like Greece to turn into a second Lehman Brothers.

Crisis and pressure help foster change - that's why I'm not so pessimistic towards crises.

Europe should speak more effectively and clearly with one voice in the world.

My private financial situation is such that I don't need to worry about my investments. I don't have much to invest.

Politics means competition, especially in senior positions. If you don't know that, you're not especially suited to politics.

It is true that no member state can be required to make payments to others. But if countries want to offer voluntary assistance, as in the Greek case, this isn't only allowed, but it's also in Germany's interest. We all benefit by ensuring the stability of the euro zone.

This much is true: When we created the euro, it wasn't possible to create a political union along with it. People weren't ready for that. But since then, they've grown more willing to go in that direction. It's a process, one that is sometimes laborious and sometimes slow. But it's important to keep the populations involved.

Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.

Even when one is doing well, one still worries that things might go badly again in the future. This is an old observation based on human experience.