Quotes About Euro area

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.

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area.

By 2007, an uncompetitive, bloated, over-borrowed and distorted Irish economy had been left at the mercy of subsequent international events without the safeguards, institutions, and mindset needed to survive and prosper as a small open economy inside the euro area.

Cyprus joined the E.U. in 2004 and immediately wanted to get into the euro area for the express purpose of completing, as quickly as possible, the union with the core of Europe. It was done because the public thought that would be beneficial for political reasons, not economic reasons.

Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence.

Interest rates do not have to be identical across the whole euro area, but it is unacceptable if major differences arise from broken capital markets or concern about a euro area break-up.

By the way, the European Union Member States together - even the euro area Member States together - are by far the biggest contributors to the IMF.

The euro area must not be treated as an 'opt out' from the European Union.

If people do not believe in Europe and in the euro area, it must be dismantled.