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Lucas Papademos Quote: 'Greece could default on its debts ...'

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Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.
Wolfgang Schauble
Tags: Just Who Would
Pure love and suspicion cannot dwell together: at the door where the latter enters, the former makes its exit.
Alexandre Dumas
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Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
Peer Steinbruck
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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.
Lucas Papademos
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An exit is only a success if you set an exit as your primary goal. My primary goal was to build a globally influential tool, to build something from the ground up that could literally change how we communicated in business and individually.
Ryan Holmes
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I push reforms. I tell the truth to people, even when it's tough for the country.


Emmanuel Macron
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The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.
Virginia Postrel
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If you want a referendum, vote for the others. Or, in certain cases, you can stay at home, you don't vote and you could find yourself with a referendum by default because you didn't exercise your vote.
Jean Charest
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Generally the younger generation are not hard working. They will have to put in more effort to achieve results in tournaments. most of them can perform well but they cannot deliver when they play abroad.
Jahangir Khan
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Today I can announce a raft of reforms that we estimate could save over 2.5 million police hours every year. That's the equivalent of more than 1,200 police officer posts. These reforms are a watershed moment in policing. They show that we really mean business in busting bureaucracy.
Theresa May
To deliver vast new resources to humanity, we must pioneer and occupy the moon, Mars, and perhaps even beyond.
Gregory Benford
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Every exit is an entry somewhere else.


Tom Stoppard
Even the Soviet Union, with its huge nuclear arsenal, was a threat that could be deterred by the prospect of retaliation. But suicide bombers cannot be deterred. They can only be annihilated - preemptively and unilaterally, if necessary.
Thomas Sowell
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In this business, if you don't pay your debts you're finished.


Roger Stone
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Albania, Macedonia and Greece have managed to create a good partnership in the south of the Continent and are making progress in blocking the spread of the conflict. But any spillover could destroy this European-oriented partnership and create problems for the European Union countries themselves.
Fatos Nano
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Ambition, of course, is the politician's currency.


George Packer
When he came to television, there was no way I wasn't going to watch. Of course, he delivered everything that you would expect David Lynch to deliver, and more, and he was doing it in primetime network television. Even as a 14-year old, I wanted someone in the room with me that I could look over and say, 'Can you believe we're watching this?'
James Roday
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I'm greedy for that satisfaction of doing something hard and knowing that, even though I was afraid I couldn't do it, that somehow I can deliver.
Alan Alda
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The benefits from a world currency would be enormous.


Robert Mundell
Well, the economic recovery was successful even though the Democrats opposed the reforms every step of the way. And it is clear the Democrats have no clear plan to strengthen our economy, as Republicans do.
Todd Tiahrt
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