Top 22 Lucas Papademos Quotes

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And judging what is appropriate or not appropriate for

And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates.
Lucas Papademos
I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.
Lucas Papademos
The participation of our country in the eurozone is a guarantee for the country’s monetary stability. It is a driver of financial prosperity.
Lucas Papademos
I think the funds that have been pledged at Euro Summit, combined with the outcome of the private sector involvement process should be sufficient in order to support financially the Greek Economy.
Lucas Papademos
My job will not be easy but I am convinced the problems will be solved in a quicker and more efficient way if there is unity and consensus.
Lucas Papademos
A very difficult year is ahead of us. We must continue our efforts with decisiveness, to stay in the euro, to make sure we do not waste the sacrifices and do not turn the crisis into an uncontrolled and disastrous bankruptcy.
Lucas Papademos
We must all assume out responsibilities to take the country forward.
Lucas Papademos
The ECB’s interventions in sovereign bond markets should not be perceived or interpreted as a ‘freebie’ for governments. They are temporary.
Lucas Papademos
I think it’s often discussed that leaving the Euro is an option for Greece. I think this is really not an option.
Lucas Papademos
So it won’t be a surprise when the Greek default actually happens and we expect it one way or the other to be relatively soon.
Lucas Papademos
I thank all of those deputies who supported the government and gave it a vote of confidence. I believe each of those votes represents a responsible decision to avoid placing our country’s membership of the eurozone in danger.
Lucas Papademos
I think the gains to be achieved by a combination of reforms and labor market adjustments are going to be more permanent and will provide a basis for reducing unemployment and improving export performance, and sustaining growth, in a way that is more sound and permanent.
Lucas Papademos
Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors.
Lucas Papademos
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.
Lucas Papademos
I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.
Lucas Papademos
Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives.
Lucas Papademos
I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.
Lucas Papademos
I am convinced that the public, large majority of the Greek people, realize that policies pursued in the past and the market practices have to be changed, in order to improve the prospects of the Greek economy. So there is, I think, strong public support despite the increases in social tensions.
Lucas Papademos
Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.
Lucas Papademos
I take office during the most difficult moment in the country’s recent history. The country can be saved – it’s up to us. I think it is obvious for those who support this government to undertake the commitment and ensure that our country’s euro membership is not endangered.
Lucas Papademos
More cuts were needed to avoid exiting the eurozone.
Lucas Papademos
Greece is at a crucial crossroads. The choices that are made and the policies that are enforced will have a decisive impact on the wellbeing of Greeks. The way forward will not be easy but the problems can be solved, and will be solved, if there is unity, co-operation and consensus.
Lucas Papademos