Best Euro Quotes | Short & Famous Sayings Page 2

“Some countries that are close to Europe that already hold Deutschemarks, clearly would automatically hold euros, those are countries in Eastern Europe mainly, a few countries in Africa.”

Country Europe Eastern Euro Eastern Europe

Author:Robert C. Solomon

“I am sure the euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisis and new instruments will be created.”

Impossible Economic Policy Crisis Instruments Introducing Propose Euro Economic Policy

Author:Romano Prodi

“I described the euro as a burning building with no exits and so it has proved for some of the countries in it.”

Country Building Burning Exit Euro Burning Buildings No Exit

Author:William Hague

“The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.”

Country Common Issues Benefits Unions Germany Other Countries Monetary Euro

Author:Peer Steinbruck

“As a wheelchair user, you cant move about freely. Thats the only thing that bothers me a little. When Im in the Euro Group in Brussels, colleagues who want to talk to me have to come to me. But I hope they know that this has nothing to do with arrogance.”

Knows Want Littles Moving Groups Bother Arrogance Users Colleagues Cant Talk To Me Euro Wheelchairs Brussels

Author:Wolfgang Schauble

“The Italians are very strong defensively. They showed in Euro 2000 how good defensively they are.”

Strong Very Strong Euro

Author:Alan Hansen

“...let's talk about soccer scores. There are a few things that people all around the world need to admit to themselves. Trade restraints slow economic growth, the euro is not a reserve currency and scoreless sports ties are boring.”

People World Needs Sports Growth Economic Trade Boring Around The World Soccer Ties Score Currency Reserves Restraint Economic Growth Euro

Author:P. J. O'Rourke

“The shadow of an exit of Greece from the euro zone takes on ever clearer shape, repeated apparently final attempts to reach a deal are starting to make the whole process look ridiculous. There is an ever greater number of people who feel as if the Greek government is giving them the run-around.”

People Ifs Giving Feels Looks Whole Government Running Process Deals Numbers Greater Shapes Shadow Finals Starting Ridiculous Greek Zone Greece Exit Euro

Author:Sigmar Gabriel

“There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the biggest loss would be incurred by Germany. Germans have to bear in mind that, effectively, they have suffered practically no losses so far. Transfers have all been in the form of loans, and it is only when the loans are not repaid that real losses will be incurred.”

Mind Real Would Be Form Loss Bears Germany Breakup Loan Transfers Euro

Author:George Soros

“Germany will always do the minimum to preserve the euro. Doing the minimum, though, will perpetuate the situation where the debtor countries in Europe have to pay tremendous premiums to refinance their debt. The result will be a Europe in which Germany is seen as an imperial power that will not be loved and admired by the rest of Europe - but hated and resisted, because it will perceived as an oppressive power.”

Country Results Pay Situation Europe Debt Preserves Hated Germany Minimum Euro Debtors Refinance

Author:George Soros

“This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the euro was introduced, the regulators allowed banks to buy unlimited amounts of government bonds without setting aside any equity capital. And the European Central Bank discounted all government bonds on equal terms. So commercial banks found it advantageous to accumulate the bonds of the weaker countries to earn a few extra basis points.”

“Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore what has happened as a result of the introduction of the euro is largely Germany's its responsibility.”

Country Forget Results Responsibility Happened Creation Germany Introduction Euro Franco

Author:George Soros

“Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the imagination of the German public, and the German public has accepted it.”

Imagination Caught Accepted Narrative Euro

Author:George Soros

“The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.”

Long Country Problem Chance Keys Burden Debt Zone Euro Competitiveness Restructuring

Author:George Soros

“For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.”

Want Able Economy Policy Cost Absolutes Independent Trade Unions Profit Zone Currency Reap Monetary Transactions Euro Central Banks Monetary Policy Frankfurt

Author:Dalia Grybauskaite

“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.”

Ifs Men Wells Said Whole Strong Loses Economy Wise Areas Weak Stronger Germany Wise Man Once Said Euro Very 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.”

Years Stills Two Country Differences Cost Europe Areas Years Ago Flow Financial Credit Wide Two Years Gaps Funding Euro Lending Fragmented Financial System Two Years Ago

Author:Mario Draghi

“Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.”

Problem Mark Rate Germany Euro

Author:Milton Friedman

“The euro is going to be a big source of problems, not a source of help.”

Helping Problem Bigs Source Euro

Author:Milton Friedman

“Germany cannot get out of the euro. What it has to do, therefore, is make the economy more flexible - to eliminate the restrictions on prices, on wages and on employment; in short, the regulations that keep 10 percent of the German workforce unemployed.”

Economy Percent Employment Germany Regulation Wages Flexible Restriction Unemployed Euro Workforce

Author:Milton Friedman

“Italy may well be the main problem. It has benefited most from the euro by having been able to get the euro interest rate instead of what otherwise would have been its own. That would be much higher because Italy has been accumulating so much debt. In the past, Italy has inflated away its debt. The virtue of the euro is that Italy can't do it alone. A tight ECB policy wouldn't permit that to happen again.”

Wells May Has Beens Problem Happens Would Be Able Past Interest Virtue Policy Higher Rate Debt Permit Euro Interest Rate

Author:Milton Friedman

“The euro is good for Europe. But only if there is flexibility all around.”

Ifs Europe Flexibility Euro

Author:Milton Friedman

“The problem is that, in a world of floating exchange rates, as Italy was before the euro, if one country is subjected to a shock which requires it to cut wages, it cannot do so with a modern kind of control and regulation system. It is much easier to do it by letting the exchange rate change. Only one price has to change, instead of many.”

Ifs World Kind Country Problem Cutting Modern Easier Rate Shock Regulation Wages Floating Euro

Author:Milton Friedman

“The English are worried about the Euro being brought in because of loss of national identity and rising prices. In Scotland, people are just worried in case they have to close Poundstretcher.”

People Humor Funny Loss Cases Identity Worried Rising Scotland Euro National Identity Rising Prices

Author:Frankie Boyle

“Our future begins on January 1 1999. The euro is Europe's key to the 21st century. The era of solo national fiscal and economic policy is over.”

Economic Century Policy Keys Europe Eras Our Future Solo 21st Century European Union January Euro Economic Policy January 1

Author:Gerhard Schroder

“The euro is a sickly premature infant, the result of an over-hasty monetary union.”

Results Europe Unions Infant European Union Monetary Euro Premature Hasty

Author:Gerhard Schroder

“Indeed, the creators of the euro envisioned it as an instrument to promote political union.”

Political Instruments Unions Creator Euro

Author:Gerhard Schroder

“Tunisia is extremely dependent on economic conditions in Europe, which is why it also experienced shockwaves from the euro crisis.”

Economic Conditions Europe Crisis Dependent Euro Tunisia Euro Crisis

Author:Alvaro de Vasconcelos

“Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.”

Important Reason Would Be Clear Majors Consequence Debt Greece Bankruptcy Euro

Author:Wolfgang Schauble

“The euro is a great achievement. It's a symbolic achievement. But, the European constitution was a missed opportunity.”

Opportunity Achievement Constitution Symbolic Euro Great Achievement Missed Opportunity

Author:Bernard-Henri Levy

“One unanswered question is whether a Euro-Islam that combines Islam with democracy will be possible in the future. We mustn't confuse desire with reality.”

Reality Desire Democracy Islam Euro Unanswered Questions Unanswered

Author:Walter Kasper

“I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.”

Want Country Used Growth Term Projects Investment Debt Finance Zone Euro

Author:Francois Hollande

“I think that France has not made it clear enough recently to our German friends how important it is to introduce euro bonds as a tool against speculation. And how the necessary budget discipline needs to be accompanied by growth.”

Thinking Needs Made Important Enough Growth Clear Discipline Tools Made It France Budgets Introducing Speculation Euro

Author:Francois Hollande

“For a small open economy such as Cyprus, the euro adoption provides protection against international financial turmoil, which often has a disproportionate effect on smaller economies.”

Economy Financial International Protection Adoption Turmoil Euro Cyprus

Author:Jean-Claude Trichet

“The bottom line is that the euro is a failed experiment.”

Lines Bottom Experiments Bottom Line Euro

Author:Paul Singer

“The interesting thing is that the 82% of the Greeks do not want to abandon the Euro. They really believe that there might be some kind of magical way where we could stay in the Eurozone but do not do our homework. This is not possible. So what we are trying to do is explain, you know, we in Greece invented democracy but we also invented at the same time populism.”

Knows Way Want Trying Believe Kind Might Interesting Democracy Greek Abandon Greece Interesting Things Homework Euro Populism Eurozone

Author:Dora Bakoyannis

“I'm not too sure how much you get for winning the Champion's League, but it's definitely 10 million euros.”

Winning Millions League Champion Euro

Author:David Pleat

“The euro will raise the citizens' awareness of their belonging to one Europe more than any other integration step to date.”

Steps Awareness Citizens Europe Raises Belonging Integration Euro

Author:Gerhard Schroder

“America's belated embrace of government health care is going to be far more expensive and disastrous than the Euro-Canadian models. Whatever one's philosophical objection to the Canadian health system, it is, broadly, fair: Unless you're a cabinet minister or a big time hockey player, you'll enjoy the same equality of crappiness and universal lack of access that everybody else does. But, even before it's up-and-running, Pelosi-Reid-Obamacare is an impenetrable thicket of contradictory boondoggles, shameless payoffs and arbitrary shakedowns.”

“Germany has acted effectively during the euro crisis. It needs to build on this to engage in other spheres too.”

Needs Crisis Germany Spheres Euro Euro Crisis

Author:Joachim Gauck

“I'm really glad that Italy went out, they were playing boring football. (on Euro 2004)”

Football England Boring Glad Euro

Author:Andy Townsend

“Every match in the Euro is a dance on a razor's edge.”

Edges Germany Euro Razors

Author:Otto Rehhagel

“Trading is a small part of the work of the stock exchanges. They are really to do with financial speculation, and they speculate on the value of the yen, the dollar, the pound, the franc, or the euro, at any given time. Billions are lost and billions are made by this speculation, and that's what the stock exchanges are about. They are for greedy minds.”

Mind Made Values Lost Given Dollars Financial Billions Pounds Greedy Trading Speculation Euro Small Parts Stock Exchange

Author:Benjamin Creme

“Being hapa, or more specifically, half-Japanese half-Euro mutt (English, Irish, Scottish, Dutch, French, Welsh, German. . .in case you were wondering), has definitely helped shape who I am. It's very cool to get to identify and learn about all these unique cultures and I think it's helped put the world in perspective.”

Thinking World Culture Half Wonder Cases Perspective Shapes Unique Who I Am Scottish Dutch Euro Welsh Very Cool Mutts

Author:Kina Grannis

“Couture was only for rich people. Givenchy was for rich people. A bag cost 5,000 euro; a coat cost 10,000 euro. In the beginning, I couldn't react. I was just working like a machine, because I wanted to make the house happy.”

People Wanted House Rich Cost Machines Bags Coats Rich People Euro Couture Givenchy

Author:Riccardo Tisci

“We [European countries] probably need to move forward together, each at their own speed. The faster ones, that could be the countries in the euro zone. The others would be those who are interested in the continued development of the common market, but reject the idea of an ever stronger political integration.”

Needs Ideas Country Would Be Together Moving Political Common Development Stronger Speed Moving Forward Faster Zone Rejects Integration Euro European Countries

Author:Paolo Gentiloni

“Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get.”

People Way May Country States Reason Whole Common Economy Huge Return Concepts Scales Bunch Zone Banking Euro

Author:Jamie Dimon

“Europe isn't something connected by the Euro. Every little dimension of Europe is so hugely different, and I think America is different in its states as well, so I never really think of things in big blocks, in terms of other artists.”

Thinking Wells Littles Different States Bigs America Artist Term Europe Connected Block Dimensions Euro

Author:Patrick Wolf

“When the next big problem comes online, be it the Euro crisis, nuclear proliferation, an overstretched Internet, a killer flu, or any of the other possibilities I consider in X-Events, we will suffer a complexity overload.”

Problem Bigs Suffering Next Events Possibility Internet Crisis Nuclear Complexity Online Killers Flu Euro Big Problems Proliferation Overload Nuclear Proliferation Euro Crisis

Author:John L. Casti

“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.”

Knows Want Fighting Opinion Members Areas Victim Unions Impression Greek Survivor Floating Public Opinion Greece Not Alone Constructive Euro

Author:Jean-Claude Juncker

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