A Quote by Gerhard Schroder

Indeed, the creators of the euro envisioned it as an instrument to promote political union. — © Gerhard Schroder
Indeed, the creators of the euro envisioned it as an instrument to promote political union.
Thanks to the euro, our pockets will soon hold solid evidence of a European identity. We need to build on this, and make the euro more than a currency and Europe more than a territory... In the next six months, we will talk a lot about political union, and rightly so. Political union is inseparable from economic union. Stronger growth and Euorpean integration are related issues. In both areas we will take concrete steps forward.
There is a proposal to divide the currency zone into a north and a south euro. There is also the idea of setting up a core monetary union in the middle of Europe. I disapprove of these debates. Instead, we should devote all of our efforts to supplementing the monetary union with a political union.
It [the Euro] is a decisive step towards ever closer political and institutional union in Europe. Above all, it is political.
The euro zone must strike for a better governance structure, and there is no alternative to that. Euro zone countries must either develop an exit mechanism for troubled members, or it should embrace a closer political union: an effective governance structure that is capable of enforcing rules.
As the political leaders of Europe meet to save the euro and European Union, so should religious leaders.
Public confidence in, and support for, the euro - and, indeed, the European Union - will ultimately be determined by how well we deliver on growth and jobs rather than on institutional wrangling and complex legal or technical negotiations.
Europe is sort of like the Soviet Union in the '30s and '40s. There was an argument, is it reformable or not? There is a feeling, and I think it's correct, that the European Union, the eurozone, and the euro, is not reformable, as a result of the Lisbon treaties and the other treaties that have created the euro. Europe has to be taken apart in order to be put together not on a right-wing, neoliberal basis, but on a more social basis.
We link our future to the euro, to the euro zone, and to the European Union while being the nearest neighbor of the United Kingdom with, obviously, a common travel area and a very close working relationship with the U.K.
The euro zone was driven by the neoliberal view that markets are always efficient. That in itself is political. There was no pressing economic need that the euro was required to solve, but leaders believed that it would foster growth.
Cyprus joined the E.U. in 2004 and immediately wanted to get into the euro area for the express purpose of completing, as quickly as possible, the union with the core of Europe. It was done because the public thought that would be beneficial for political reasons, not economic reasons.
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.
At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.
So when you are faced with a decision on the euro, it is not surprising that many people are confused. They still try to squeeze the euro debate into the old language. But deep down it is a matter of deciding where one's future lies. It is a matter of political will and courage.
The Financial Times is pro-British membership of the European Union. We have taken that position for decades. But we are not starry-eyed about the European Union. And we do not believe and have not believed for at least 10 years that Britain should be part of the euro.
The International Brigade was not formed to protect freedom and democracy. It was founded as a tool of of the Comintern, to promote the interests of the Soviet Union - and thereby of Joseph Stalin, the butcher of millions. It made political sense for the International Brigade to recruit non-communists - useful fools was what Lenin had called such people in an earlier manipulation of gullible decency - but of course most were then vetted by the NKVD, the Soviet Union's secret police.
This is not the internet the world needs, or the internet its creators envisioned. We need to take it back. And by we, I mean the engineering community.
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