Wolfgang Schauble quotes:

There are several silver linings on the horizon. The current account deficits in Spain and Portugal are declining because they have become more competitive and they're exporting more.

The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.

I would caution against fueling cheap populism. First of all, every German who has spent a vacation in Greece knows that the standard of living there isn't higher than it is in Germany. Second, Greece is paying a high price for European assistance.

My private financial situation is such that I don't need to worry about my investments. I don't have much to invest.

The German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis.

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.

As for the role of France and Germany: French politics is often more self-confident then German politics due to the catastrophe in the first half of the last century. If Berlin and Paris don't agree, then it is difficult to make progress in Europe.

I think there will be no government bankruptcy in Greece.

Most of the mosques were built in our cities in recent years because Turkish citizens in those neighborhoods feel a growing need for places to pray.

A number of politicians, including those within your own party, believe Germans would be safer if the German military didn't insert itself into so many of the world's hot spots.

By preventing new conflicts, we avert the causes of radicalization and the risk of terrorist attacks in Europe, including in Germany.

During the centuries-long process of Reformation and Enlightenment, Christian churches had to accept some things they didn't like. Islam will have to do the same; otherwise it isn't part of Europe.

I can't think of many other laws we might need. For now, though, we'll be talking to German Muslims over issues of coexistence.

When it comes to training imams, one needs a partner. But if we want the mosques to preach peaceful coexistence, we will have to do something about it. One goal of the conference is to find a partner for the training of imams and teachers of Islam in schools.

Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.

Crisis and pressure help foster change - that's why I'm not so pessimistic towards crises."

As for the role of France and Germany: French politics is often more self-confident then German politics due to the catastrophe in the first half of the last century. If Berlin and Paris don't agree, then it is difficult to make progress in Europe."

If we were to have a presidential election in Europe it would be an event that would spark a huge interest in people from Lisbon to Helsinki, just like national elections. And it would create a completely different political setting in Europe.

As a wheelchair user, you cant move about freely. Thats the only thing that bothers me a little. When Im in the Euro Group in Brussels, colleagues who want to talk to me have to come to me. But I hope they know that this has nothing to do with arrogance.

I don't know how many resolutions from the IMF or G-20 we have already written saying that such [financial] reforms are necessary for new growth.

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.

About three million Muslims live in the country, but we have no relationship to our diverse Muslim society, despite the fact that it's an established part of our larger society. We need to build a stronger foundation for the relationship between Muslims and the state.

It is true that no member state can be required to make payments to others. But if countries want to offer voluntary assistance, as in the Greek case, this isn't only allowed, but it's also in Germany's interest. We all benefit by ensuring the stability of the euro zone.

If you are prepared to run for public office, you also have to be willing to accept a debate about you.

If we want to avoid a clash of cultures - and the jury is still out on whether we can - we'll have to make different cultures and religions compatible with the universal nature of human rights and tolerance. But I can promise you this: Anyone who calls me an infidel at the conference will be in for a fight.

Germany has always stood for an E.U. of the 27 countries. But in light of Britain's continued resistance to further integration steps, as we saw with the fiscal pact, there are limits to my optimism in this regard. It's quite possible that we will have to create the new institutions for the euro zone first.

I've been a politician long enough to know that every year will find us living in a situation that one couldn't have imagined a year previously. Sometimes it's better than we imagined, sometimes it's not as good.

As a wheelchair user, you can't move about freely. That's the only thing that bothers me a little. When I'm in the Euro Group in Brussels, colleagues who want to talk to me have to come to me. But I hope they know that this has nothing to do with arrogance.

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.

History shows us a lot of things. It shows why the Lord's Prayer includes the supplication: "And lead us not into temptation." In my day, dissertations were still written by hand, or drummed out with a typewriter. In the past, you had to round up the literature, find the books and find the passages. Nowadays you click on Wikipedia or Google and you have everything you need. This probably makes it more difficult to resist temptation.

I don't want to change Islam, but if there is to be a European Islam, it must incorporate European values.

I don't want to interpret the pope's words, especially as I am one of those horrible people who fell away from the Roman church after Martin Luther.

I suggested that countries with tighter finances think about such a [fuel] tax. We don't have the time at the moment for months of discussion.

I think we will have to spend more on defense, for infrastructure, for extension of the broadband network and also for domestic security.

I want to see religious instruction and sermons held in German in the mosques. The ideal, in my view, would be for imams to be trained in Germany and to speak our language, just as the Roman Catholic Church now holds mass in German and gave up Latin long ago.

If the conflict in Lebanon continues, the risk of attacks will grow. This is why we must contribute to a joint (international) responsibility and help secure peace in Lebanon.

If the Schengen system (of border-free travel) is destroyed, Europe will be seriously endangered politically and economically. That is why we Europeans have to invest billions in Turkey, Libya, Jordan and other countries in the region as quickly as possible everybody as much as they can.

If you live beyond your means and have to restructure as a result, you pay a price.

If you make the state responsible for everything, you shouldn't be surprised when you end up with a state that bears some resemblance to a dictatorship.

I'm a firm believer in the monetary union.

In China, it was always said that a double-digit rate of growth would be dangerous. Now, the country has a growth rate of 6.9 percent and suddenly that is supposed to be a catastrophe for the global economy.

In the EU, we agree that the pressures causing migration must be reduced.

It has been clear for some time now that we have to do more for domestic and external security. I am prepared for that.

It is clear to us that we will have to become more involved in our neighboring regions so that the migration pressures aren't so high there. Of course the budget negotiations will be difficult, as they always are.

It's understandable that Europe's Muslims are in a difficult situation, which is partly their own doing and partly not.

Many things can happen very quickly in times of crisis.

My job is not to predict everything that might happen in the future, but to address what we can do today.

Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.

Politics means competition, especially in senior positions. If you don't know that, you're not especially suited to politics.

Reliability is the precondition for trust.

Religion teachers for Islam instruction are being trained now in Münster and Erlangen. This has to happen quickly. My goal is to achieve relevant results within two years.

The Pope was more critical of Christianity than Islam during his visit (to Bavaria). He said on several occasions that the secular world influenced by Christianity must face the idea that it may not be as attractive as it once was. The leaders of other faiths might also be well-advised to admonish their own now and then and not always direct their criticism at others.

The significant collapse of oil prices shows that it was previously way too high.

Those who constantly qualify everything and have no opinions of their own are ultimately just as incapable of tolerance.

We are facing a whole collection of crisis-like developments that we have to watch closely. But we also have to be careful what we point to as crisis indicators.

We know that the abilities of European Union member states are not infinite. As such, it makes little sense for us to criticize each other.All of us accepted Sweden's decision to introduce border controls too. And that is a country that was for decades the most open to immigration.

We need more personnel within our security agencies.

We were always faced with questions like: What about a religious community like Milli Görüs, which is represented by the Islamic Council? And what about the Central Council of Muslims? But we don't wish to exclude people from the start.

We will not be able to meet the challenges of integration and the threats posed by international terrorism. If we want to prevent attacks, we'll need more information and better integration.

You can lead a happy life if you recognize that it's limited and completely unpredictable from one moment to the next.