Peer Steinbruck
Peer Steinbruck
Peer Steinbrückis a German social democraticpolitician. He was the SPD candidate for Chancellor of Germany in the 2013 federal election. From 2002 to 2005 he was the 8th Minister President of North Rhine-Westphalia. From 2005 to 2009 he served as German Federal Minister of Finance in the cabinet of Angela Merkel. He was nominated by his party as opposition candidate for Chancellor on 28 September 2012. He is generally considered a member of the more conservative wing of the party...
NationalityGerman
ProfessionPolitician
Date of Birth10 January 1947
CityHamburg, Germany
CountryGermany
If things sometimes get tough, you can't ask yourself what impact it's having on you. It isn't an option.
Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
I would happily help to turn the stone being thrown at me into a boomerang.