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Lucas Papademos Quotes


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Quotes by Lucas Papademos

Showing 1-10 of 31 Quotes by 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

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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

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The financial crisis in our country is not a passing storm. Given the size of the problems, our national effort will not be completed in 2012. It will take many years and will require the efforts and insistence of several governments.

~Lucas Papademos

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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

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More cuts were needed to avoid exiting the eurozone.

~Lucas Papademos

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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

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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

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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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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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Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone.

~Lucas Papademos

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Biography

Nationality: Greek

Type: Politician

Born: October 11th, 1947

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