Words matter. These are the best Lucas Papademos Quotes, and they’re great for sharing with your friends.
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.
I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.
The participation of our country in the eurozone is a guarantee for the country’s monetary stability. It is a driver of financial prosperity.
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.
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.
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.
We must all assume out responsibilities to take the country forward.
The ECB’s interventions in sovereign bond markets should not be perceived or interpreted as a ‘freebie’ for governments. They are temporary.
I think it’s often discussed that leaving the Euro is an option for Greece. I think this is really not an option.
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.
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.
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.
Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors.
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 am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.
Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives.
I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.
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.
Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.
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.
More cuts were needed to avoid exiting the eurozone.
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.