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.
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 wheel-chair bound no-nonsense type of German Finance Minister – Schäuble is respected in Europe for his common-sense approach to good financial house-keeping and his consistent economic acumen. He does not want Europe to start printing ‘easy and cheap money’ to deal with its financial crisis like the UK is doing.
Prior to being finance minister in the present ‘Merkel II’ government since 2009, he served as interior minister under in ‘Merkel I’ and also served under former Chancellor Helmut Kohl.
Schäuble deserves this award for his stubborn resolve to follow sound economic policy and opposes the Anglo-American Casion banking practices, if nothing else.
The much coveted prize is more a symbolic recognition than anything else – it only includes a nominal cash prize of 5,000 Euro- will be officially presented on May 17 2012.
The Charlemagne Prize or ‘Karlspreis‘ or even its full name ‘Internationaler Karlspreis zu Aachen’, is a prestigious European prize and has been awarded once a year since 1950 by the German city of Aachen to people who contributed to the ideals upon which it has been founded.
It commemorates Charlemagne, ruler of the ‘Frankish Empire’ and founder of what became later known as the ‘Holy Roman Empire’ [which is not a rock band!] who resided and is buried at Aachen.
The award is given to the recipient on the Ascension holiday in a ceremony in the town hall of the university town of Aachen near the Dutch border. http://www.aachen.de/en/sb/pr_az/karls_pr/index.html
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Wolfgang Schäuble deservedly wins 2012 Charlemagne Prize – by W van Coeveren from OTA Berlin is licensed under a Creative Commons Attribution-ShareAlike 3.0 Germany License. If you use this article or parts of it, please refer to http://www.ota-berlin.de.
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