Peer Steinbrück


#### Full Name and Common Aliases

Peer Steinbrück is a German economist and politician who served as the Minister of Finance from 2005 to 2009.

Birth and Death Dates

Steinbrück was born on February 10, 1947. His date of death is not publicly known.

Nationality and Profession(s)

Nationality: German
Profession: Economist, Politician

Early Life and Background

Peer Steinbrück was born in Krefeld, North Rhine-Westphalia, Germany. He studied economics at the University of Freiburg, where he earned his degree in 1973. After completing his studies, Steinbrück worked as a journalist for several years before transitioning to politics.

Major Accomplishments

Steinbrück's entry into politics was marked by his election to the Bundestag in 1980. He served in various roles, including Minister of Economic Affairs and Labor from 1998 to 2002 and Minister of Finance from 2005 to 2009. During his tenure as finance minister, Steinbrück played a crucial role in implementing economic stimulus packages and navigating Germany through the financial crisis.

Notable Works or Actions

Steinbrück's notable actions include:

Serving as Minister of Economic Affairs and Labor during the Schroeder government
Implementing economic stimulus packages to combat the effects of the global financial crisis
* Playing a key role in shaping Germany's economic policies, including its participation in the European Union's monetary union

Impact and Legacy

Steinbrück's legacy as a politician is marked by his commitment to fiscal responsibility and his efforts to address the challenges posed by globalization. His work has had a lasting impact on German economics and politics.

Why They Are Widely Quoted or Remembered

Steinbrück's quotes are widely sought after due to his expertise in economic policy and his experience as a senior government official.

Quotes by Peer Steinbrück

If things sometimes get tough, you can't ask yourself what impact it's having on you. It isn't an option.
"
If things sometimes get tough, you can't ask yourself what impact it's having on you. It isn't an option.
The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
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The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
Nevertheless, I don't hesitate to say that elections in Germany are decided in the center, not on the fringes and not in the accumulation of minority interests.
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Nevertheless, I don't hesitate to say that elections in Germany are decided in the center, not on the fringes and not in the accumulation of minority interests.
If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.
"
If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.
When I look at how the banking world has changed and at the role Chinese banks, for example, play today, Germany, as an export-oriented economy, should be pleased to have a major global player in its camp.
"
When I look at how the banking world has changed and at the role Chinese banks, for example, play today, Germany, as an export-oriented economy, should be pleased to have a major global player in its camp.
But I would bet that the euro continues to exist and that its importance as a global currency will likely increase.
"
But I would bet that the euro continues to exist and that its importance as a global currency will likely increase.
You can't let a candidate run for too long. He will be dragged along, cut apart, put back together and ripped to shreds again - from both the political opponents and the media.
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You can't let a candidate run for too long. He will be dragged along, cut apart, put back together and ripped to shreds again - from both the political opponents and the media.
You can't exactly bake a man to your specifications. Most of all, one shouldn't alienate a candidate. A hybrid of Einstein, Tarzan and Inge Meysel doesn't exist. Besides, the images of politicians in the media aren't always accurate. I've had my share of experiences in that regard.
"
You can't exactly bake a man to your specifications. Most of all, one shouldn't alienate a candidate. A hybrid of Einstein, Tarzan and Inge Meysel doesn't exist. Besides, the images of politicians in the media aren't always accurate. I've had my share of experiences in that regard.
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.
"
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.
The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.
"
The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.
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