Quotes from the news wire:
I believe that is a matter that the Britons need to deal with themselves.
– German Finance Minister Wolfgang Schaeuble
Nobody can force Britain to submit this application.
– German Finance Minister Wolfgang Schaeuble
And this had to be painfully learned in Switzerland after a referendum (on limiting free movement of people) ... That's how it is.
– German Finance Minister Wolfgang Schaeuble
I don't think the British decision to leave the EU is reversible.
– German Finance Minister Wolfgang Schaeuble
That is not in the foreground. What is in the foreground is what has been agreed last year must be implemented.
– German Finance Minister Wolfgang Schaeuble
Fiscal as well as monetary policies have reached their limits.
– German Finance Minister Wolfgang Schaeuble
Monetary policy is extremely accommodative to the point that it may even be counterproductive in terms of negative side effects on banks, policies and growth, fiscal as well as monetary policies have reached their limits.
– German Finance Minister Wolfgang Schaeuble
It shows how important it is (...) that we ensure that our tax basis doesn't erode.
– German Finance Minister Wolfgang Schaeuble
We need to send a clear message to the world: we are very much prepared to help, we've shown that we are, but our possibilities are also limited.
– German Finance Minister Wolfgang Schaeuble
There are many people, including in the federal government, who are quite convinced that in the interests of Greece and the Greek people that what we wrote down would have been much the better solution.
– German Finance Minister Wolfgang Schaeuble
You can't in all honesty expect us to talk with them in a situation like this.
– German Finance Minister Wolfgang Schaeuble
This government has done nothing since it came into office, you can't in all honesty expect us to talk with them in a situation like this.
– German Finance Minister Wolfgang Schaeuble
This government has done nothing since it came into office, it has only reversed measures. It reneged on previously agreed commitments. It negotiated and negotiated. We don't know if the Greek government is going to hold a referendum or not, whether it is for or against it. You can't in all honesty expect us to talk with them in a situation like this. We need to wait to see what happens in Greece.
– German Finance Minister Wolfgang Schaeuble
We must do everything we can to fight any conceivable threat of contagion.
– German Finance Minister Wolfgang Schaeuble
You have to count on Greece getting into acute problems in the coming days because of this decision, that is difficult as we do not know how it will live up to its commitments.
– German Finance Minister Wolfgang Schaeuble
If the Greek government thinks it must hold a referendum, then let it hold a referendum, that might even be a helpful measure for the Greek people to decide whether it is ready to accept what is necessary, or whether it wants something different.
– German Finance Minister Wolfgang Schaeuble
The IMF of course did not make such a comment.
– German Finance Minister Wolfgang Schaeuble
A low interest rate leads to a misallocation of resources with all the risks and side-effects that you see when bubbles are forming.
– German Finance Minister Wolfgang Schaeuble
We have an interest rate environment that is causing huge problems for us in Germany, a low interest rate leads to a misallocation of resources with all the risks and side-effects that you see when bubbles are forming.
– German Finance Minister Wolfgang Schaeuble
Our room for maneuver is limited.
– German Finance Minister Wolfgang Schaeuble
From what I've heard about the technical talks over the weekend, I'm very sceptical, but we will get a report today and then we'll see.
– German Finance Minister Wolfgang Schaeuble
Without a program, things will be tough for Greece. I wouldn't know how financial markets will handle it without a program -- but maybe he knows better.
– German Finance Minister Wolfgang Schaeuble
We were both friendly and polite ... He told me his position, which he has repeatedly said in recent days, and I tried to explain our position to him and we were not able to bridge the differences.
– German Finance Minister Wolfgang Schaeuble
I have to warn against exaggerated expectations, with our current low inflation rates, there will not be large amounts (of tax relief) coming out of this.
– German Finance Minister Wolfgang Schaeuble
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