A Quote by Mario Draghi

There is no better protection against the euro crisis than successful structural reforms in southern Europe.

Mario Draghi

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Against Better Crisis Euro Euro Crisis Europe Protection Reforms Southern Structural Successful Than

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Mario Draghi
Italian - Politician
Born: September 3, 1947

At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.

Alan Greenspan

The EU is mired in deep structural crisis. Greece, Portugal and Ireland cannot survive inside the Euro.

Nigel Farage

The task for Germany today is - through its own policies and its own structural reforms, its own investments - to support the EU and the Commission... but every nation has to have the courage to broach such structural reforms and speak clearly about them without making people be afraid.

Sigmar Gabriel

There have been no voices against the structural reforms that I have proposed, especially the energy reform.

Enrique Pena Nieto

Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages.

Austan Goolsbee

As Dutch, British and French explorers literally put this Great Southern Land on the map it would be ridiculous to say that modern day Australia is anything other than a grand - and successful - outpost of Euro-colonialism and, more specifically Anglo-Celt British colonialism. It's a fact of life like the Euro-colonization of the Americas etc. If it was an outpost of, let's say, Iranian or Zimbabwean colonialism would so many people still be so desperately trying to get into Australia by any means necessary, legal or otherwise? It's doubtful. Thank the Gods for Euro-colonialism!

Douglas Pearce

The reason I entered the election race was to promote reforms. For us who engage in business, we will be severely affected if financial and structural reforms don't proceed.

Takafumi Horie

Tunisia is extremely dependent on economic conditions in Europe, which is why it also experienced shockwaves from the euro crisis.

Alvaro de Vasconcelos

Poland is much more advanced than Romania in structural reforms.

Victor Ponta

The euro currency both presupposes and promotes a fiction - that 'Europe' has somehow become, against the wishes of most Europeans, a political rather than a merely geographic expression.

George Will

The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.

Barry Eichengreen

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe.

George Papandreou

Europe must dissipate any doubts over the euro, affirm that the euro is an irreversible project and act in consequence.

Mariano Rajoy

Politicians know that structural reforms - to increase competition, foster innovation, and drive institutional change - are the way to tackle structural impediments to growth. But they know that while the pain from reform is immediate, gains are typically delayed and their beneficiaries uncertain.

Raghuram Rajan

Protection, therefore, against the tyranny of the magistrate is not enough; there needs protection against the tyranny of the prevailing opinion and feeling, against the tendency of society to impose, by other means than civil penalties, its own ideas and practices as rules of conduct on those who dissent from them.

John Stuart Mill

At the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.

Wolfgang Schauble

A Quote by Mario Draghi

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