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Lucas Papademos Quotes: 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.


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.



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.



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.



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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Develop accommodating values and habits. People are scared away from you when you have a value system and habitual actions that accommodate them comfortably.

Develop accommodating values and habits. People are scared away from you when you have a value system and habitual actions that accommodate them comfortably.



A mother's love is instinctual, unconditional, and forever.

A mother's love is instinctual, unconditional, and forever.



I think young children in the Western middle classes are objects of incredible anxiety.

I think young children in the Western middle classes are objects of incredible anxiety.



The man who is in the highest state of prosperity, and who thinks his fortune is most secure, knows not if it will remain unchanged till the evening.

The man who is in the highest state of prosperity, and who thinks his fortune is most secure, knows not if it will remain unchanged till the evening.



The inhibitor of creativity isn't potential it's fear. We worry about saying the wrong thing or looking foolish so we govern our imagination.

The inhibitor of creativity isn't potential it's fear. We worry about saying the wrong thing or looking foolish so we govern our imagination.



Excellence is never granted to man, but as the reward of labour.

Excellence is never granted to man, but as the reward of labour.



To be perfectly honest, I was never really aware that I had any special abilities. When you have what you have, you don't really think about what you don't have; you simply work with what you have.

To be perfectly honest, I was never really aware that I had any special abilities. When you have what you have, you don't really think about what you don't have; you simply work with what you have.



Statistics are for losers.

Statistics are for losers.



Everything that you do in your life that helps you sweat is good for you. Whenever you're sweating, you're adding to your potential to enjoy the day or enjoy the moment or enjoy your life.

Everything that you do in your life that helps you sweat is good for you. Whenever you're sweating, you're adding to your potential to enjoy the day or enjoy the moment or enjoy your life.




Quote Description


This page presents the quote "The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary.". Author of this quote is Lucas Papademos. This quote is about sovereign, temporary, government,.