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Eurozone Quotes

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Eurozone Quotes

“If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.”

“This is a very special Greek kind of socialist, all the social democratic parties in Europe are against this idea and I think that the dividing line today in the Greek political system is not the centre right or socialist, the real dividing line is between those parties and those political forces who really believe that Greece should stay in the Eurozone and make the efforts and change, and make the reforms and change the old and Mr Tsipras who is really resisting any kind of change in Greece.”

“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.”

“Fundamental questions are being asked about the future of the Eurozone and therefore the shape of the EU itself. Opportunities to advance our national interest are clearly becoming apparent. We should focus on how to make the most of this, not pursue a parliamentary process for a multiple choice referendum.”

“I work in lockstep, hand in glove, with the prime minister on these issues, and as we are supportive to the Eurozone so they can sort their problems out, in return they introduce safeguards to ensure precisely what I said: that the single market is not fragmented and that important industries like the financial services industry are treated fairly. Not exceptional treatment, but are just simply treated fairly, on a level playing field within Europe.”

“As one looks back, one sees that the fall of the Berlin Wall opened the door to three developments - the Eurozone, which was crafted around German unification, the free movement of peoples within Europe, particularly people from the new democracies of Eastern Europe, and, more broadly, it opened the door to globalization.”

“I have criticized it [Europe], but I repeat: we keep 40 percent of our gold and foreign currency reserves in euros, we are not interested in the collapse of the Eurozone, but I do not rule out the possibility of decisions being made that would consolidate a group of countries equal in economic development and this, in my opinion, will lead to a consolidation of the euro. But there can also be some interim decisions in order to keep the present number of members of the Eurozone unchanged.”

“You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That's the price that the Eurozone thinks is well worth paying.”

“You'll have to have the governments sell off all of their public domains; sell off their railroads, sell off their public land. You'll essentially have to introduce neo-feudalism. You'll have to roll the clock of history back a thousand years, and reduce the European population to debt slavery. It's as simple a solution as the Eurozone has imposed on Greece. And it's a solution that the leaders and the banks are urging for responsible economists to promote for the population at large.”

“If there is a Greek exit from the Eurozone, I think the German elite will be quite pleased that they can then use that to restructure the Eurozone and make it a zone where only strong countries are allowed in. There would then be two tiers within the European Union, which is in fact already happening. But you cannot simply get rid of German control by raising the specter of the Third Reich. That's ahistorical.”