Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of … - Lucas Papademos

Same topic Authors

Quote of the day

On the dashboard of our family car is a shallow indentation about the size of a paperback book. If you are looking for somewhere to put your sunglasses or spare change, it is the obvious place, and it works extremely well, I must say, so long as the car is not actually moving. However, as soon as you put the car in motion. . . everything slides off. . . It can hold nothing that has not been nailed to it. So I ask you: what then is it for?

Lucas Papademos

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

Achievement, Assuming, Funding, Government, Governments, Independently

Same Author Quotes

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

Dedicated, Economic, Europe, Life, Policy, Politician

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

Fiscal, Growth, Higher, Important, Think, Thinking

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

Choice, Choices, Made, Partners, Staying

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.

Country, Effort, Government, Insistence, Storm, Years

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