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All Quotes by author - Lucas Papademos
" And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates. "
Think
Political
Judging
" A very difficult year is ahead of us. We must continue our efforts with decisiveness, to stay in the euro, to make sure we do not waste the sacrifices and do not turn the crisis into an uncontrolled and disastrous bankruptcy. "
Turn
Difficult
Crisis
" Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone. "
Difficult
Greece
More
" Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors. "
Delays
Speed
Investment
" Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives. "
Will
Other
Policy
" Greece could default on its debts and even exit currency bloc if it cannot deliver reforms. "
Currency
Exit
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. "
Choices
Unity
Easy
" 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. "
Effort
Political
People
" I am convinced that the public, large majority of the Greek people, realize that policies pursued in the past and the market practices have to be changed, in order to improve the prospects of the Greek economy. So there is, I think, strong public support despite the increases in social tensions. "
People
Strong
I Am
" I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe. "
Policy
Professional
Life
" 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. "
I Am
Think
People
" 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. "
End
Years
Through
" 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. "
History
Moment
Support
" 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. "
Vote
Government
Decision
" I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth. "
Achieving
Environment
Growth
" I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option. "
Greece
Think
Really
" I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems. "
Help
Facts
Think
" I think the funds that have been pledged at Euro Summit, combined with the outcome of the private sector involvement process should be sufficient in order to support financially the Greek Economy. "
Think
Process
Involvement
" I think the gains to be achieved by a combination of reforms and labor market adjustments are going to be more permanent and will provide a basis for reducing unemployment and improving export performance, and sustaining growth, in a way that is more sound and permanent. "
Think
Performance
Growth
" More cuts were needed to avoid exiting the eurozone. "
Eurozone
Were
Needed
" My job will not be easy but I am convinced the problems will be solved in a quicker and more efficient way if there is unity and consensus. "
Way
I Am
Easy
" Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone. "
Our
Out
Made
" 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. "
Choice
Growth
Only
" Our position in Europe is not negotiable. The Greek people will defend it by all means. But participation in the euro involves rules and obligations, which we must consistently meet. Greece belongs to Europe and Europe cannot be envisaged without Greece. "
Meet
Participation
Will
" 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. "
Expect
Happens
Other
" The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary. "
Should
Temporary
Bond
" 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. "
Effort
Storm
Size
" The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness. "
Country
Process
Government
" The new co-operation government will do the best it can to address the country's problems, and I believe that with the co-operation of all - and the new government stresses this - and the unity of all, we will achieve that. "
Problems
Unity
Best
" The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity. "
Financial
Country
Our
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