Peter Bofinger

I don't expect to get a standing ovation from businessmen when I call for higher wages.

It is true that a population which is growing older needs to save, but the question is in what form the savings are made.

One needs a comprehensive concept that decides just how much debt states like Greece, Ireland, Portugal, Spain and Italy can sustainably bear.

In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.

I'm a big action junkie. I grew up on the '80s action movies - the bad ones and the good ones.

I'm a kid, and a breakup is normal. I have to go through the emotions and feel it out.