Peer Steinbruck Quotes

Enjoy the top 17 famous quotes, sayings and quotations by Peer Steinbruck.

Peer Steinbruck Quotes

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 havent come nearly far enough to rule out a repetition of the crisis.
— Peer Steinbruck —

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.

— Peer Steinbruck

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.

— Peer Steinbruck

One has to explain to people that the EU in this form is the answer both to 1945 and to the 21st century, in a dramatically altered world with new heavyweights, and that Germany benefits from the continued integration of Europe in political, economic and societal ways. And, of course, that means the Germans will have to pay.

— Peer Steinbruck

The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.

— Peer Steinbruck

If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.

— Peer Steinbruck

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