Gerhard Schroder Quotes

In order to consolidate the euro we need to harmonise our economic, fiscal and social policies, hence we are going toward greater integration.

Nations with a common currency never went to war against each other. A common currency is more than the money you pay with.

Let's start with the euro. What on earth were we thinking? How could anyone with the faintest grasp of economics have believed it was anything other than sheer insanity to yoke together diverse national economies such as Greece, Ireland, Germany and Finland under a single exchange rate and a single interest rate?

The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.

If we have a common currency, the main regulator for policy in the country is the fiscal policy.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.

The only way to have several currencies from divergent nations lumped together is if they are culturally close, such as Germany, the Netherlands and Austria. If they aren't, it simply can't continue to work.

A national currency, with the Euro as a common currency - that wouldn't bother me.

I can understand countries don't want to join the euro, but they cannot impede the consolidation and strengthening of the eurozone.

I think there are going to be more countries joining the euro.

I'm a firm believer in the monetary union.

The euro is a sickly premature infant, the result of an over-hasty monetary union.

The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

I would like to see Greece as a case study, an opportunity for Europe to strengthen its coordination of fiscal policy.

It's political glue inside Europe to keep it together - the euro is the best thing going for it since the creation of the common market.

While the Marshall Plan was important for Europe's recovery, Europe's prosperity was really built on economic integration and policy coherence.

I was sure we would never see the adoption of the Euro. Countries giving up their currencies for a common tender was, it seemed to me, completely out of tune with currency being a carrier of people's cultural identity, celebrating national heroes and events, as it had been for hundreds of years.

Indeed, the creators of the euro envisioned it as an instrument to promote political union.

Peace in Europe can only come through union in one economic system. The United States of Europe are overdue.

There are plenty of ways countries may come together without having a single currency.

The need to promote the adoption of a global currency as a vital element in the integration of the global economy is self-evident.

The Euro was a terrible mistake, one that is very difficult to unmake.

I don't want to have one currency for all North America.