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Speaker of German Parliament meets Yunus to Discuss Social Business

Speaker of German Parliament meets Yunus to Discuss Social Business

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Press Release (November 8, 2019)

President of German Parliament, Wolfgang Schäuble invited Nobel Laureate Professor Muhammad Yunus to have an one-on-one meeting in his office at the Bundestag, in Berlin on November 6 to discuss economic issues related to social business, poverty, microfinance, unemployment and youth.

Schäuble has been a member of the Bundestag since 1972 and is the longest serving member of parliament in German history. He has been the President of the Bundestag since 2017 and is considered as being the architect of the unification of Germany. Wolfgang Schaibel was the closest political ally of Chancellor Kohl and Chancellor Merkel. He was also the former Interior minister and Finance Minister in Chancellor Merkel’s government.

Yunus and Schäuble had over an hour long discussion. Schäuble is an ardent admirer of microcredit. In the discussion Yunus briefed him on social business and the need for redesigning the existing framework of economics. He drew attention to the disastrous path our existing economic system and talked about the response to the concept of social business in Germany.

Professor Yunus is in Berlin to attend the Social Business Academia Conference (SBAC 2019) in Berlin. The conference is devoted to the ongoing development of the theory and the research on social business and its impact on societies around the world. The aim of the conference is to bring together the academic community specialising in social business to discuss various aspects of social business and presenting research papers on social business. Twenty three research papers were presented at the conference by scholars from around the world. Representatives of many of the important Yunus Social Business Centres in 81 universities in 31 countries participated in this year's Academia Conference held in Berlin.

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