#greece

Greece is at a crucial crossroads. The choices that are made and the policies that are enforced will have a decisive impact on the wellbeing of Greeks. The way forward will not be easy but the problems can be solved, and will be solved, if there is unity, co-operation and consensus. ↗

— Lucas Papademos

#co-operation #consensus #crossroads #crucial #decisive

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe. ↗

— Lucas Papademos

#biggest #both #dedicated #economic #economic policy

Greece has given Europe the opportunity to fix a defect in the euro zone, that is the fact that we did not have a fiscal union. Now steps have been taken to begin that process. And there is more solidarity from nation to nation, and that is a good thing. That has been Greece's gift to Europe. ↗

— Georgios A. Papandreou

#been #begin #defect #did #euro

Fourth, to assure every entrepreneur and every job creator that their investments in America will not vanish as have those in Greece, we will cut the deficit and put America on track to a balanced budget. ↗

— Mitt Romney

#assure #balanced #balanced budget #budget #creator

I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option. ↗

— Lucas Papademos

#euro #greece #i #i think #leaving

There's no more place in the euro zone for well-meaning laxness when dealing with deficits and failings. If the demands on Greece aren't taken seriously, we'll get stuck in quicksand. In the worst case, this would make it acceptable for one tranche to not be paid out. It is in the Greeks own interest not to test that. ↗

— Peer Steinbruck

#case #dealing #deficits #demands #euro

Come then, put away your sword in its sheath, and let us two go up into my bed so that, lying together in the bed of love, we may then have faith and trust in each other. ↗

— Homer

#greece #love #passion #peace #faith

Greece's European neighbors were able step in and bolster the weak foundation on which Greece's free-spending budget was based. It would be difficult for any country, or intergovernmental organization, to rescue an economy the size of the U.S. if investors were ever to lose faith in our bonds because of our enormous debt. ↗

— Douglas Wilder

#any #based #because #bolster #bonds

Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone. ↗

— Lucas Papademos

#difficult #eurozone #greece #member #more

For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through default. ↗

— Mohamed El-Erian

#different #economies #especially #european #going