Athanasios Orphanides Quotes

Athanasios Orphanides
Economist
Born: Mar 22, 1962
Area Consider Country Debt Default Inflation
Related authors: Adam Smith Alan Greenspan E. F. Schumacher John Kenneth Galbraith John Maynard Keynes Milton Friedman Paul A. Volcker Thomas Sowell
The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates. Athanasios Orphanides
Degree Ease Rates Nominal Policy Real Interest Interest Rates Should Monetary Monetary Policy Level Associated
My mother is from Greece: she comes from Vrahos, a small village in Kastoria. Athanasios Orphanides
Mother Small She Greece Village
In my min,d there is arguably a greater risk of a default on the debt of a U.S. state than there is on the debt of a euro-area member. I consider it unthinkable that a euro-area country would default. Athanasios Orphanides
Country State Consider Member Would Risk Arguably Unthinkable Greater Debt Than Default
In order for the E.U. area to stay together, they needed to form a banking union, which meant they needed to have a common credible deposit insurance guarantee for everybody in the E.U. area. Athanasios Orphanides
Together Everybody Stay Area Insurance Common Banking Order Form Which Deposit Meant Union Credible Guarantee Needed
Cyprus had developed its financial center over three decades ago by having double taxation treaties with a number of countries: the Soviet Union, for example. That means if profits are booked and earned and taxed in Cyprus, they are not taxed again in the other country. Athanasios Orphanides
Financial Three Example Country Other Earned Booked Having Had Developed Countries Over For Example Decades Soviet Soviet Union Center Again Taxation Taxed Double Means Union Cyprus Profits Treaties Number

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