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Lucas Papademos Quotes: Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.
         

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.


Lucas Papademos
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Other quotes of 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.

Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives.



The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.



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.

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.



The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary.

The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary.



Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors.

Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors.



Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.

Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.



The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness.

The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness.



More cuts were needed to avoid exiting the eurozone.

More cuts were needed to avoid exiting the eurozone.



I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option.

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.

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.





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Quote Description


This page presents the quote "Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.". Author of this quote is Lucas Papademos. This quote is about guarantees, conditions, choices, membership, euro, stability, monetary, growth,.