A Quote by Wolfgang Schauble
In the long term, Germany didn't need a finance minister who was absent during important negotiations in the European Council. But the chancellor strongly encouraged me to stay. And everything did work out for the best in the end.
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The finance world in general is very, very complicated and there are so many different things that need to be evaluated, but I think at the end of the day, the most important thing is how you want to invest your money - if you want to be a short-term, mid-term or long-term investor.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
I want to end tax dumping. States that have a common currency should not be engaged in tax competition. We need a minimum tax rate and a European finance minister, who would be responsible for closing the tax loopholes and getting rid of the tax havens inside and outside the EU. It is also clear that we have to reach common standards in our economic and labor policies. We cannot continue to just talk about technical details. We have to inspire enthusiasm in Germany for Europe.
I then spoke to chancellor (Angela) Merkel of Germany and we agreed that the United States and our European allies will work closely together in the weeks and months ahead.
Angela Merkel embodies Germany's 20th century fate. It is not up to me to pass judgment on her place in history, but I believe that she is the chancellor of Germany's reconciliation with Europe. She stands for a Germany for whom globalization has been a success and which accepts its role in foreign and defense policy. I thought the way she dealt with the refugees was courageous. I think she is the chancellor of reconciliation.
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I think in the end we will have negotiations with the House. They don't have any incentive for a long, drawn-out trial. We'll have negotiations with the White House. Despite all their threats they are going to have a prolonged defense. The reality is they are the driving force behind getting this over quickly.
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Those who reject integration programs in the long term have as little right to stay in Germany as a hate preacher paid from abroad in a mosque.
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