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Quote by 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.”

Quote by Lucas Papademos

Author

Lucas Papademos

Lucas Papademos, born on October 11, 1947, is a former Prime Minister of Greece. He has extensive experience in the Greek and international financial sectors, having held senior positions in institutions such as the European Central Bank and the National Bank of Greece. more

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

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“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.”

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“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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“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.”

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“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 expert performance and sustaining growth in a way that is more sound and more permanent.”

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