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Those who are in-the-know about
investment services and general world financial matters have probably heard
of Wolfgang Schaeuble. Schaeuble is the current German Finance Minister, and he
recently sat down for a rare interview with world news leader CNN. The
interview, surprisingly, was conducted in English, and despite the fact that
English isn’t Schaeuble’s native language, he made his opinions incredibly
clear. He admitted that the financial problems affecting the Eurozone were far
from being solved but also expressed satisfaction with recent improvements and
a belief that things would change for the better with time. Schaeuble even went
so far as to comment that he did not see any future bailouts as likely.
Schaeuble bravely expressed his opinion about the upcoming
elections as well. He voiced strong faith in Chancellor Merkel and said that,
if Merkel was re-elected, he believed that working toward a stronger Europe
would be the next logical step. He was careful to say that he didn’t want a
“German” Europe but that he did feel that every state in Europe needed to
increase its competitiveness.
Schaeuble explained what he meant by a “stronger Europe” as
it relates to finances and general investment services by saying that every
state in Europe needed to “do its duty” and not look for help or funds from
other states. The timing for Schaeuble’s interview couldn’t have been better
since elections are set to be held on September 22—a little more than a month
away!
While Naperville residents are always encouraged to keep
abreast of developments in international finance, they are also encouraged to
put their own finances first, something they can do by working closely with
Platinum Financial Associates, Inc.
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