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Quote by Wolfgang Schauble

“At the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.”

Quote by Wolfgang Schauble

Author

Wolfgang Schauble

Wolfgang Schauble, born on September 18, 1942, is a former German Federal Minister of the Interior. He played a significant role in German politics, particularly in the areas of interior and justice. Schauble served as the Federal Minister of the Interior from 1998 to 2013, during which he pushed for various reforms, including adjustments to immigration and refugee policies. more

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