“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.” PeopleThinkingWayBeliefShareAchieveAreasFundamentalsConvincedPermanentGreekEuroCompetitivenessConsolidation Author:Lucas Papademos
“We won't make the weak stronger by making the strong weaker, as a very wise man once said. That applies to the economy as well. If Germany were less competitive, the euro area as a whole would lose, because less could be produced then.” IfsMenWellsSaidWholeStrongLosesEconomyWiseAreasWeakStrongerGermanyWise Man Once SaidEuroVery Wise Author:Mario Draghi
“Europe's financial system is fragmented, although the gap in funding costs for banks within the euro area is no longer as wide as it was two years ago. But in lending the differences are still very large, and in some countries the credit flow is disrupted.” YearsStillsTwoCountryDifferencesCostEuropeAreasYears AgoFlowFinancialCreditWideTwo YearsGapsFundingEuroLendingFragmentedFinancial SystemTwo Years Ago Author:Mario Draghi
“Greeks have to know that they are not alone ... Those who are fighting for the survivor of Greece inside the Euro area are deeply harmed by the impression floating around in the Greek public opinion that Greece is a victim. Greece is a member of the EU and the euro. I want Greece to be a constructive member of the Union because the EU is also benefiting from Greece.” KnowsWantFightingOpinionMembersAreasVictimUnionsImpressionGreekSurvivorFloatingPublic OpinionGreeceNot AloneConstructiveEuro Author:Jean-Claude Juncker