Eurozone Quotes:

To save the banks, you would have to turn the entire Eurozone into Greece.

source: "The speech that was the start of the end of David Cameron". www.independent.co.uk. June 24, 2016.

topic: Arrangements, Eurozone

While holding the eurozone together will be costly and difficult and painful for the politicians, breaking it up will be even more costly and more difficult,

source: Source: www.counterpunch.org

topic: Turns, Greece, Eurozone

- Barry Eichengreen

topic: Together, Painful, Politician, Eurozone

I wanted to start by saying that the eurozone - there are two reasons they formed the European Union. One is for political peace and rationalization. And I think that's a good thing for a continent that went through hundreds of years of wars.

- Jamie Dimon

source: Source: asia.nikkei.com

topic: War, Thinking, Two, Eurozone

The Eurozone has clearly gone spectacularly wrong, pulling down all the continental economies.

- Timothy Garton Ash

source: "Tracing The 43-Year History Of The U.K. In The European Union". "All Things Considered" with Ray Suarez, www.npr.org. June 25, 2016.

topic: Continental, Eurozone

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

The current Eurozone is obviously dysfunctional. And serious people within Germany and elsewhere know this to be the case and know things cannot function this way forever.

topic: Country, Guarantees, Financial, Financial Prosperity, Eurozone

- Tariq Ali

source: Source: www.counterpunch.org

topic: People, Forever, Way, Eurozone

Anyone who toys with the idea of cutting off bits of the eurozone hoping the rest will survive is playing with fire.

- Yanis Varoufakis

source: "Athens demands cash reserves from public sector funds" by Katie Allen, www.theguardian.com. April 20, 2015.

topic: Cutting, Ideas, Fire, Playing With Fire, Cutting Off

You'll have to have the governments sell off all of their public domains; sell off their railroads, sell off their public land. You'll essentially have to introduce neo-feudalism. You'll have to roll the clock of history back a thousand years, and reduce the European population to debt slavery. It's as simple a solution as the Eurozone has imposed on Greece. And it's a solution that the leaders and the banks are urging for responsible economists to promote for the population at large.

We must break up the eurozone. We must set those Mediterranean countries free.

source: Source: www.counterpunch.org

topic: Simple, Government, Years, Feudalism, Public Domain

- Nigel Farage

topic: Country, Break, Eurozone

The eurozone status quo is neither tolerable nor stable. Mainstream economists would call it an inferior equilibrium; I call it a nightmare - one that is inflicting tremendous pain and suffering that could be easily avoided if the misconceptions and taboos that sustain it were dispelled.

- George Soros

topic: Pain, Suffering, Nightmare, Tolerable, Eurozone

I believe the ones who stand up for what we say, which is stay inside the Eurozone, try to fix some things in the memorandum and try to help Greece get out of this mess without leaving the Eurozone, without leaving Europe.

- Eva Kaili

source: Source: www.sbs.com.au

topic: Believe, Europe, Leaving, Memorandum, Eurozone

Britain is not in the single currency, and we're not going to be. But we all need the eurozone to have the right governance and structures to secure a successful currency for the long term.

Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the Eurozone.

topic: Successful, Long, Needs, Eurozone

As one looks back, one sees that the fall of the Berlin Wall opened the door to three developments - the Eurozone, which was crafted around German unification, the free movement of peoples within Europe, particularly people from the new democracies of Eastern Europe, and, more broadly, it opened the door to globalization.

source: Source: www.counterpunch.org

topic: Party, Europe, Creating, Eurozone

- Timothy Garton Ash

source: "Tracing The 43-Year History Of The U.K. In The European Union". "All Things Considered" with Ray Suarez, www.npr.org. June 25, 2016.

topic: Eastern Europe, Free Movement, Berlin Wall, Eurozone

I work in lockstep, hand in glove, with the prime minister on these issues, and as we are supportive to the Eurozone so they can sort their problems out, in return they introduce safeguards to ensure precisely what I said: that the single market is not fragmented and that important industries like the financial services industry are treated fairly. Not exceptional treatment, but are just simply treated fairly, on a level playing field within Europe.

- Nick Clegg

topic: Hands, Europe, Issues, Service Industry, Level Playing Field

Fundamental questions are being asked about the future of the Eurozone and therefore the shape of the EU itself. Opportunities to advance our national interest are clearly becoming apparent. We should focus on how to make the most of this, not pursue a parliamentary process for a multiple choice referendum.

The interesting thing is that the 82% of the Greeks do not want to abandon the Euro. They really believe that there might be some kind of magical way where we could stay in the Eurozone but do not do our homework. This is not possible. So what we are trying to do is explain, you know, we in Greece invented democracy but we also invented at the same time populism.

source: House of Commons, Oral Answers to Questions, www.publications.parliament.uk. October 24, 2011.

topic: Opportunity, Multiple Choice, Choices, Eurozone

- Dora Bakoyannis

topic: Believe, Interesting, Greek, Populism, Eurozone

This is a very special Greek kind of socialist, all the social democratic parties in Europe are against this idea and I think that the dividing line today in the Greek political system is not the centre right or socialist, the real dividing line is between those parties and those political forces who really believe that Greece should stay in the Eurozone and make the efforts and change, and make the reforms and change the old and Mr Tsipras who is really resisting any kind of change in Greece.

- Dora Bakoyannis

source: Source: www.sbs.com.au

topic: Real, Party, Believe, Eurozone

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

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

topic: Problem, Members, Difficult, Eurozone

We are near, very near, to an end to the eurozone crisis... The worst - in the sense of the fear of the eurozone breaking up - is over. But the best isn't there yet.

topic: Choices, Made, Partners, Eurozone

- Francois Hollande

topic: Ends, Worst, Crisis, Eurozone

More cuts were needed to avoid exiting the eurozone.

British taxpayers should not bear the costs of problems in the Eurozone.

topic: Cutting, Needed, Eurozone

- George Osborne

source: Source: www.economist.com

topic: Cost, Bears, Problem, Eurozone

The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis.

- Anat R. Admati

topic: Banking, Symbiosis, Problem, Eurozone

Very serious mistakes were made by previous governments, and Greece was ready to be abandoned by its partners and to leave the eurozone, which would have created total catastrophe.

- Antonis Samaras

source: "Everybody Knows We Are Serious". Interview with Lally Weymouth, www.slate.com. September 14, 2012.

topic: Mistake, Government, Serious, Mistakes Were Made, Eurozone

We believe that what they call "Grexit" [a Greek exit from the eurozone] is not an option for us.

- Antonis Samaras

source: "Everybody Knows We Are Serious". Interview with Lally Weymouth, www.slate.com. September 14, 2012.

topic: Believe, Greek, Exit, Eurozone

If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.

- Peer Steinbruck

topic: Country, Mean, Responsibility, Contagion, Maelstrom

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.

You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That's the price that the Eurozone thinks is well worth paying.

topic: Country, Believe, Government, Deputies, Eurozone

Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all 28, the rights of member states who are not in the Euro - including of course the UK - is really important for the future of the European Union.

source: Source: www.counterpunch.org

topic: Simple, Thinking, Pension Plans, Eurozone

- George Osborne

source: Source: www.economist.com

topic: Rights, Important, Needs, Eurozone

If there is a Greek exit from the Eurozone, I think the German elite will be quite pleased that they can then use that to restructure the Eurozone and make it a zone where only strong countries are allowed in. There would then be two tiers within the European Union, which is in fact already happening. But you cannot simply get rid of German control by raising the specter of the Third Reich. That's ahistorical.

- Tariq Ali

source: Source: www.counterpunch.org

topic: Country, Strong, Thinking, Restructure, Eurozone

Both the Eurozone and European Union is like the end of the Roman Empire. It's already started. In a few years' time it will not be there anymore. Don't ask me if it will be two years or ten years but the end is near. Like the Roman Empire, it's gone.

- Geert Wilders

source: Source: www1.cbn.com

topic: Years, Two, Gone, End Is Near, European Union

The European Union that emerges from the Eurozone crisis is going to be a very different body. It will be transformed perhaps beyond recognition by the measures needed to save the Eurozone.

Yes, we're in a protectionist era because when you have lack of domestic growth, everybody tries to unload the problem on foreigners with protectionism, devaluations, cutbacks on imports. But is there going to be a dramatic change? TPP is dead anyway, and similar deals in the eurozone are going nowhere.

source: "The speech that was the start of the end of David Cameron". David Cameron's Speech at Bloomberg, 2013, www.independent.co.uk. June 24, 2016.

topic: Different, Body, Unions, Eurozone

- Gary Shilling

source: Source: www.sfgate.com

topic: Growth, Trying, Eras, Dramatic Change, Protectionism

I have criticized it [Europe], but I repeat: we keep 40 percent of our gold and foreign currency reserves in euros, we are not interested in the collapse of the Eurozone, but I do not rule out the possibility of decisions being made that would consolidate a group of countries equal in economic development and this, in my opinion, will lead to a consolidation of the euro. But there can also be some interim decisions in order to keep the present number of members of the Eurozone unchanged.

- Vladimir Putin

source: Source: thesaker.is

topic: Country, Order, Europe, Interim, Eurozone

Then, the specialists themselves, probably believe that in the course of EU expansion, for example, some elements concerning the readiness of some economies to enter the Eurozone have not been taken into account.

- Vladimir Putin

source: Source: thesaker.is

topic: Taken, Believe, Expansion, Eurozone

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.