Lucas Papademos Quotes

Lucas Papademos (29)

Birth:	11th October, 1947
Nationality:	Greek
Profession:	Economist, Governor, Politician, Professor

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Today's Anniversary - 22nd May

Births

• 1943 - Betty Williams
• 1965 - Catie Curtis
• 1939 - Paul Winfield
• 1987 - Novak Djokovic
• 1755 - Tench Coxe

Deaths

• 1949 - James Forrestal
• 1970 - Joseph Wood Krutch
• 1939 - Ernst Toller
• 1540 - Francesco Guicciardini
• 1922 - Elizabeth David

• We must all assume out responsibilities to take the country forward.

  Lucas Papademos

• 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

• The new co-operation government will do the best it can to address the country’s problems, and I believe that with the co-operation of all – and the new government stresses this – and the unity of all, we will achieve that.

  Lucas Papademos

• 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.

  Lucas Papademos

• 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

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

  Lucas Papademos

• 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.

  Lucas Papademos

• Our position in Europe is not negotiable. The Greek people will defend it by all means. But participation in the euro involves rules and obligations, which we must consistently meet. Greece belongs to Europe and Europe cannot be envisaged without Greece.

  Lucas Papademos

• 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

• Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.

  Lucas Papademos

• 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.

  Lucas Papademos

• More cuts were needed to avoid exiting the eurozone.

  Lucas Papademos

• In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.

  Lucas Papademos

• I think the funds that have been pledged at Euro Summit, combined with the outcome of the private sector involvement process should be sufficient in order to support financially the Greek Economy.

  Lucas Papademos

• I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.

  Lucas Papademos

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

  Lucas Papademos

• I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.

  Lucas Papademos

• I thank all of those deputies who supported the government and gave it a vote of confidence. I believe each of those votes represents a responsible decision to avoid placing our country’s membership of the eurozone in danger.

  Lucas Papademos

• I take office during the most difficult moment in the country’s recent history. The country can be saved – it’s up to us. I think it is obvious for those who support this government to undertake the commitment and ensure that our country’s euro membership is not endangered.

  Lucas Papademos

• 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.

  Lucas Papademos