In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate … - Lucas Papademos

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A story once went the rounds of Israel to the effect that Ben-Gurion described me as 'the only man' in his cabinet. What amused me about is that he (or whoever invented the story) thought that this was the greatest compliment that could be paid to a woman. I very much doubt that any man would have been flattered if I had said about him that he was the only woman in the government!

Lucas Papademos

In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.

Effort, Gains, Improve, Rate, Temporary, Years

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

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I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth. . .

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Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.

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The financial crisis in our country is not a passing storm. Given the size of the problems, our national effort will not be completed in 2012. It will take many years and will require the efforts and insistence of several governments.

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The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

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