Jean-Claude Trichet quotes
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“I think we have to reflect on a treaty change that would permit more than surveillance, with recommendations and appropriate sanctions. When recommendations are not followed and sanctions prove ineffective, European institutions should have the capacity to impose the necessary decisions on a particular country.”
-- Jean-Claude Trichet -
“The [EU] Council of Ministers will have far more power over the budgets of member states than the federal government in the United States has over the budget of Texas.”
-- Jean-Claude Trichet -
“I see that a number of persons might consider it appropriate to take the ECB as a possible scapegoat and I think that is not the case at all.”
-- Jean-Claude Trichet -
“For a small open economy such as Cyprus, the euro adoption provides protection against international financial turmoil, which often has a disproportionate effect on smaller economies.”
-- Jean-Claude TrichetSource : "The Successful Entry of Cyprus Into the Euro Area". Speech at the Conference “Welcoming Cyprus to the euro area” Nicosia, www.ecb.europa.eu. January 18, 2008.
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“Probably 90 percent of our life decisions are powered by the twin engines of inertia and laziness.”
Source : A. J. Jacobs (2009). “The Guinea Pig Diaries: My Life as an Experiment”, p.87, Simon and Schuster
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Source : Twitter post from Feb 26, 2015
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