Lucas Papademos Quotes

Lucas Papademos
Lucas Papademos
Greek Politician
Born: Oct 11, 1947
Country Euro Government Problems Think Will
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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
Our Membership Only Conditions Stability Sustainable Choice Creates Euro Monetary Growth Right Guarantee
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
Financial Problems Will Country National Our Completed Several Financial Crisis Crisis Insistence Given Take Passing Years Governments Effort Efforts Size Storm Require Many
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
Year Difficult Our Crisis Must Stay Sacrifices Uncontrolled Disastrous Make Sure Continue Very Efforts Bankruptcy Decisiveness Turn Us Euro Waste
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
Before Adjustment Temporary Rate Only Resulted Through Exchange Exchange Rate Years End Up Greece Improve Efforts Gains Euro Competitiveness
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
Achievement Will Assume Other Independently Objectives Facilitate Policy Always Fiscal Governments Expect Cannot Funding
Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone. Lucas Papademos
Problems Will Difficult Member More Dealing Greece Eurozone
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
Problems Will Job Unity Way Easy Solved More Am Quicker Efficient Convinced Consensus
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
Obligations People Will Meet Our Consistently Rules Must Participation Envisaged Involves Without Greece Greek Greek People Cannot Which Means Euro Europe Belongs Defend Position
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
Other Relatively Way One-Way Soon Surprise Greek Expect Happens Actually Default
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
Government History Commitment Country Difficult Think Saved Our Those Ensure Membership Take Support Most Obvious Undertake Up Endangered Office Us Euro Moment Who Difficult Moment Recent Recent History
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
Government Best Achieve Problems Will Country Believe Unity Address New New Government Co-Operation Stresses
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
Government Country Finances Secure Consolidation Determined Structural Sound Fiscal Continue Reform Improve Order Process Public International Competitiveness
Greece could default on its debts and even exit currency bloc if it cannot deliver reforms. Lucas Papademos
Could Deliver Exit Greece Debts Reforms Currency Cannot Even Default
I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth. Lucas Papademos
Important Think Restoring Higher Environment Also Fiscal Condition Conducive Very Stability Achieving Which Growth
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
Will Think Market Way Adjustment More Performance Combination Permanent Sound Reducing Provide Labor Unemployment Improving Reforms Going Achieved Sustaining Gains Export Growth Basis
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
Think Summit Pledged Sector Financially Outcome Support Combined Economy Involvement Private Been Private Sector Greek Order Process Should Euro Sufficient Funds
Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors. Lucas Papademos
Justice Speed Delays Could Investment Investors Reduce Undertaken Discouraging Very Often Which

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