Dr. Guido Westerwelle, German Foreign Minister

Growth Through Competitiveness

01.27.2012 ZF English

The debt crisis has turned into the most serious crisis of confidence in the European Union's history. Citizens and investors are asking themselves: is Europe doing enough to prevent the crisis from escalating further? Will we manage to transform the EU quickly enough into a stability union? Are we Germans in particular asking too much of our partners with the strict conditions aimed at ensuring greater budgetary discipline? Indeed, are we neglecting growth and competitiveness in Europe as a result of this?

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Dr. Guido Westerwelle
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