#w

Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives. ↗

— Lucas Papademos

#always #assume #cannot #expect #facilitate

I definitely wanted to earn my freedom. But the primary motivation wasn't making money, but making an impact. ↗

— Sean Parker

#earn #freedom #i #impact #making

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 confident that we can overcome this crisis, provided that we remain united in our effort to address our debt and competitiveness problems. And I think that the Greek people are united; it's important also that the political forces are united in line with the will of the Greek people. ↗

— Lucas Papademos

#also #am #competitiveness #confident #crisis

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. ↗

— Lucas Papademos

#am #area #belief #competitiveness #consolidation

I take office during the most difficult moment in the country's recent history. The country can be saved - it's up to us. I think it is obvious for those who support this government to undertake the commitment and ensure that our country's euro membership is not endangered. ↗

— Lucas Papademos

#country #difficult #difficult moment #during #endangered

I thank all of those deputies who supported the government and gave it a vote of confidence. I believe each of those votes represents a responsible decision to avoid placing our country's membership of the eurozone in danger. ↗

— Lucas Papademos

#believe #confidence #country #danger #decision

More cuts were needed to avoid exiting the eurozone. ↗

— Lucas Papademos

#cuts #eurozone #more #needed #were

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice. ↗

— Lucas Papademos

#conditions #creates #euro #growth #guarantee

So it won't be a surprise when the Greek default actually happens and we expect it one way or the other to be relatively soon. ↗

— Lucas Papademos

#default #expect #greek #happens #other