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Quotes for topic: Euro


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Showing 11-20 of 54 quotes in the topic Euro

Integration is the most important asset Europe has, and the key component to European integration is the euro.

~Anibal Cavaco Silva

Topics: Asset Component Euro Europe European Important Integration Key Most The Most Important

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After the accession to the euro zone, interest rates declined substantially in Portugal.

~Anibal Cavaco Silva

Topics: After Declined Euro Interest Interest Rates Portugal Rates Substantially Zone

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Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages.

~Austan Goolsbee

Topics: Budgets Continue Countries Decades Down Euro Europe Giving Grind High Hold Monetary Need Northern Over Southern Stomach Together Unemployment Union Veto Wages Weaker Will Zone

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At the time of the formation of the euro, I would say most American economists said that's not a good idea; that's not a currency area that makes sense. And the answer from Europe was, 'How is Missouri and Mississippi a currency area?' But the flaw in that was not recognizing the importance of mobility.

~Austan Goolsbee

Topics: American Answer Area Currency Economists Euro Europe Flaw Formation Good Good Idea How Idea Importance Makes Mississippi Missouri Mobility Most Recognizing Said Say Sense Time Would

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Across the continent, political divisions are deepening. For all of these reasons, the specter of a euro zone collapse has not been dispatched.

~Barry Eichengreen

Topics: Across Been Collapse Continent Deepening Divisions Euro Political Reasons Specter Zone

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The consequences of a collapse would not be pretty. Whichever country precipitated it - Germany by threatening to abandon the euro, or Greece or Spain by actually doing so - would trigger economic chaos and incur its neighbours' wrath.

~Barry Eichengreen

Topics: Abandon Actually Chaos Collapse Consequences Country Doing Economic Euro Germany Greece Neighbours Pretty Spain Threatening Trigger Would Wrath

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As for the single market, the E.U.'s landmark achievement, there is no question that a euro zone breakup would severely disrupt its operation in the short run.

~Barry Eichengreen

Topics: Achievement Breakup Disrupt Euro Landmark Market No Question Operation Question Run Short Single Would Zone

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The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.

~Barry Eichengreen

Topics: Crises Crisis Disruptive Euro Europe Even Existing Forward More Moving Moving Forward Proved Set System Unstable Up Would

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The euro has become a means by which superior German productivity is able to gain an absolutely unbeatable advantage over the whole eurozone territory.

~Boris Johnson

Topics: Able Absolutely Advantage Become Euro Gain German Means Over Productivity Superior Territory Unbeatable Which Whole

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The Italians, who used to be a great motor-manufacturing power, have been absolutely destroyed by the euro - as was intended by the Germans.

~Boris Johnson

Topics: Absolutely Been Destroyed Euro Germans Great Intended Italians Power Used Who

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