Our Eurozone Partners Have Made It Clear: The Choice Is Between Staying In Or Getting Out Of The Eurozone. - SearchQuotes

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

Lucas Papademos

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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.

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I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option.

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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.

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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.

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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.

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Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone.

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The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary.

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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.

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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.

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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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More cuts were needed to avoid exiting the eurozone.

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

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