Quote by: Peer Steinbruck

There's no more place in the euro zone for well-meaning laxness when dealing with deficits and failings. If the demands on Greece aren't taken seriously, we'll get stuck in quicksand. In the worst case, this would make it acceptable for one tranche to not be paid out. It is in the Greeks own interest not to test that.


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Author Bio


  • NamePeer Steinbruck
  • DescriptionGerman politician (SPD)
  • BornJanuary 10, 1947
  • CountryGermany
  • ProfessionPolitician; Economist; Author
  • AwardsOrder Of Merit Of North Rhine-Westphalia