A Quote by Lucas Papademos

More cuts were needed to avoid exiting the eurozone. — © Lucas Papademos
More cuts were needed to avoid exiting the eurozone.
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.
I've been in the position where Liverpool needed to win on the last day to reach the Champions League. In May 2000, we needed to beat Bradford, who were fighting to avoid relegation, at Valley Parade but lost an awful game 1-0.
Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.
Should we freeze or postpone prospective tax cuts and avoid any new tax cuts until we are sure we have the money to pay for the war on terrorism and the war in Iraq.
Observers and even some officials raise questions about the future of Greece as part of the Eurozone, while the Eurozone itself struggles to deal with fundamental flaws at the heart of its architecture.
The idea was to have a basin inverted on his head and his hair cut to the shape of it. Skill and money were not needed. Then the idea grew that it was more convenient to leave the basin on his head. Stray thoughts were trimmed along with stray hair; brain-vines, tentacles of thought, were not encouraged to wander. Then, in the interests of human economy, the head of adaptable man became a basin of uniform shape—a basin, a crash helmet. Safe at last; no more thought-cuts.
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.
Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.
If, before 2020, there is a choice between further spending cuts, more borrowing and tax rises, the priority must be to avoid tax increases. They would disrupt consumption, employment and investment.
When I started making movies, I was pretty young, and at the time I felt like there needed to be more confrontation in cinema - or I needed to make something more disruptive - so in the beginning, those movies were me wanting to play with the rules.
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.
I would set aside all these budget cuts that are going to devastate the F.B.I., the C.I.A., and the N.S.A. Sequestration, cuts, are not only gutting the military, they're gutting the F.B.I. So if I were president, I would set these cuts aside. I would reinstate the N.S.A. program as robust as possible within the constitutional limits.
No armies are needed, no weapons are needed, no nations are needed, no religions are needed. All that is needed is a little meditativeness, a little silence, a little love, a little more humanity... just a little more, and existence will become fragrant with something so totally unique and new that you will have to find a new category for it.
Malcolm X's separatist ideas were situational. If you think about where African-Americans were in the 1940s and 1950s, we needed to step away because that force, which is still present but more subdued, was very in your face, and we needed to take a step back just to get some clarity.
How wonderful it is that we believe in modern revelation. I cannot get over the feeling that if revelation were needed anciently, when life was simple, that revelation is also needed today, when life is complex. There never was a time in the history of the earth when men needed revelation more than they need it now.
A federal bailout would spare California from having to make spending cuts needed to bring its budget into balance. The matter has become urgent since California voters rejected several tax-hiking ballot initiatives. Rather than taking the vote as a signal to dramatically curtail spending, the state turned to the feds. If they get a free pass, the politicians can avoid fixing any of their past mistakes or preparing California for the future.
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