Thursday, October 11, 2012

EU: GERMAN FINANCE MINISTER WOLFGANG SCHAEUBLE POINTING OUT THE IMPORTANCE OF GERMAN....EUROPE

"There is no country in Europe which would give any thought to the question of abolishing the euro."

"I am convinced that we will be able to tell our friends and partners around the world that Europe is in the process of solving its problems and Europe is aware of its responsibility."

"We are convinced that in Germany and Europe it is of central importance ...that the public believes that there are reasons to trust the long-term foundations of our policies."

"Therefore, we believe that we will fulfill our international obligations with our policy of growth-friendly deficit reduction."

SCHAEUBLE ON IMF SUGGESTION GERMANY STIMULATE DOMESTIC DEMAND

"Such suggestions reveal not so great knowledge about Germany's situation. Domestic demand does rise in Germany."

"We are the growth engine of Europe and we believe it is not helpful when one creates an impression that there are solutions that would be easier."

"I don't believe in criticising others. That's cheap. It would be much more reasonable when others would solve their problems and Europeans theirs." Read More