Phrase by 'Peer Steinbruck'
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The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
Author: Peer Steinbruck - German PoliticianWorld , Will , Lose , Financial
When I look at the chaotic and volatile debate right now, both in Germany and around the world, my impression and concern is that the daily barrage of proposals and political statements is making markets and consumers even more nervous. Still, Brussels is pressing for a joint European approach.
Author: Peer Steinbruck - German PoliticianLook , World , Debate , Daily
Europe is difficult to coordinate, and our main deficit may not even lie in this area of finance and economics, but in foreign and security policy. We have a leadership problem because we are still 27 different members who have still not decided on how to work with each other based on what we used to call a European constitution.
Author: Peer Steinbruck - German PoliticianLie , Work , Finance , Leadership
There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
Author: Peer Steinbruck - German PoliticianWorld , Problems , Enough , Balance
When I look at how the banking world has changed and at the role Chinese banks, for example, play today, Germany, as an export-oriented economy, should be pleased to have a major global player in its camp.
Author: Peer Steinbruck - German PoliticianLook , World , Today , Play
The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.
Author: Peer Steinbruck - German PoliticianCountry , Common , Germany , Union
Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
Author: Peer Steinbruck - German PoliticianWay , Feet , Haircut , Maturity
Nevertheless, I don't hesitate to say that elections in Germany are decided in the center, not on the fringes and not in the accumulation of minority interests.
Author: Peer Steinbruck - German PoliticianSay , Minority , Germany , Elections
You can't exactly bake a man to your specifications. Most of all, one shouldn't alienate a candidate. A hybrid of Einstein, Tarzan and Inge Meysel doesn't exist. Besides, the images of politicians in the media aren't always accurate. I've had my share of experiences in that regard.
Author: Peer Steinbruck - German PoliticianYou , Always , Man , Media
But I would bet that the euro continues to exist and that its importance as a global currency will likely increase.
Author: Peer Steinbruck - German PoliticianWill , Exist , Currency , Bet
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