Quotes by Lucas Papademos

Lucas Papademos

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.

Country

Judging

Thinking

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

Difficult

Members

Problem

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

Delay

Justice

Speed

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

Achievement

Assuming

Government

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

Debt

Exit

Reform

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.

Choices

Impact

Way Forward

I am confident that we can overcome this crisis, provided that we remain united in our effort to address our debt and competitiveness problems. And I think that the Greek people are united; it’s important also that the political forces are united in line with the will of the Greek people.

People

Political

Thinking

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.

Past

Strong

Thinking

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.

Economic

Europe

Politician

I am personally convinced – and I think the Greek people share this belief in a fundamental way – that we can achieve fiscal consolidation more effectively and we can restore competitiveness in a more fundamental and permanent way within the euro area than outside.

Greek

People

Thinking

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Achievement

Addresses

Assuming

Believe

Choices

Commitment

Country

Cutting

Debt

Delay

Difficult

Economic

Effort

Euro

Europe

Eurozone

Exit

Financial

Gains

Government

Greek

Growth

Guarantees

Impact

Important

Jobs

Judging

Justice

Leaving

Made

Mean

Members

Needed

Order

Partners

Past

People

Political

Politician

Problem

Reform

Responsibility

Should

Sound

Sovereign

Speed

Stress

Strong

Support

Surprise

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Quotes by Lucas Papademos

Lucas Papademos

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.

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

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

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

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

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.

I am confident that we can overcome this crisis, provided that we remain united in our effort to address our debt and competitiveness problems. And I think that the Greek people are united; it’s important also that the political forces are united in line with the will of the Greek people.

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.

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.

I am personally convinced – and I think the Greek people share this belief in a fundamental way – that we can achieve fiscal consolidation more effectively and we can restore competitiveness in a more fundamental and permanent way within the euro area than outside.

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Topics by Lucas Papademos

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The Behaviour Diary

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