The jury for the 2012 Charlemagne Prize said the 69-year-old CDU Politian has played a major role in recent efforts to solve the EU debt crisis and recognizes hiss contribution to the stabilization of the EU’s monetary union and overcoming the division of both Germany and of Europe by fostering further EU integration.
The German Finance Minister, Wolfgang Schäuble has been named the recipient of the 2012 Charlemagne Prize – it is an award honoring individuals who have contributed to European unity -previous winners include the former head of the ECB chief, Jean-Claude Trichet, US President Bill Clinton and the German Chancellor Angela Merkel.
In a passionately professional-European speech delivered in Aachen, exactly where he was awarded the annual Charlemagne prize, Mr Schäuble mentioned the financial and fiscal crisis made it clear that nearer European integration was essential.
“We need to produce a political union now,” he said. But he explained that would not suggest the generation of a European superstate, or a “United States of Europe”.
Wolfgang Schäuble, Germany’s finance minister, called on Thursday for the EU to move decisively in direction of a political union in the face of the eurozone crisis, with a straight elected president in Brussels.
Schaeuble believes his proposal, which has won qualified support from Chancellor Angela Merkel, would boost confidence as states would be sending a signal they were serious about limiting debt levels to 60 percent of gross domestic product.
Wolfgang Schaeuble outlined his plans under which states would effectively siphon off a chunk of their debt to a special national fund and pay it off over about 20 years while committing to reforms to keep debt levels on target.
His troubles did not end there, however. As recently as May 2010, on his way to Brussels for an emergency meeting of European Union finance ministers, Mr. Schäuble (pronounced SHOY-bluh) found himself in the intensive care unit of a Belgian hospital, battling complications from an earlier operation.
Yet it is something of a miracle that Mr. Schäuble is in the German government at all. His health has been an issue since Oct. 12, 1990, the day a would-be assassin shot him, paralyzing his legs and confining him to a wheelchair from that point forward.
First chairman of the ring of Christian Democratic Students (RCDS) in Hamburg and then in Freiburg.
Member of the Christian Democratic Union (CDU) .
Assistant Professor at the University of Fribourg and Representative of the Rector for Civic Education.
18th September: Wolfgang Schaeuble was born in Freiburg, the son of an accountant.
Schäuble studied law and economics in Freiburg and Hamburg, and concludes with the first state examination.
Admission to the Junge Union South Baden.