A Quote by Milton Friedman

The euro is good for Europe. But only if there is flexibility all around.

Milton Friedman

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Around Euro Europe Flexibility Good Only

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Milton Friedman
American - Economist
July 31, 1912 - November 16, 2006

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

Mariano Rajoy

If a Chancellor is trying to push something through, he must be a man of power. And if he's smart, he knows when the time is ripe. In one case - the euro - I was like a dictator... The euro is a synonym for Europe.

Helmut Kohl

Europe is sort of like the Soviet Union in the '30s and '40s. There was an argument, is it reformable or not? There is a feeling, and I think it's correct, that the European Union, the eurozone, and the euro, is not reformable, as a result of the Lisbon treaties and the other treaties that have created the euro. Europe has to be taken apart in order to be put together not on a right-wing, neoliberal basis, but on a more social basis.

Michael Hudson

Two decisions have damaged the stability both of the euro and of Europe: the premature admission of Greece to the euro area and the breach and subsequent weakening of the stability and growth pact.

Helmut Kohl

I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.

Francois Hollande

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

Greece has given Europe the opportunity to fix a defect in the euro zone, that is the fact that we did not have a fiscal union. Now steps have been taken to begin that process. And there is more solidarity from nation to nation, and that is a good thing. That has been Greece's gift to Europe.

George Papandreou

Greece is a medium-sized country in Europe. Our debt accounts for only 2.5 percent of the total of all members of the euro zone.

Evangelos Venizelos

Europe and the euro zone have no reason, rationally, to push Greece out of the euro. But this is a system in which many parties, many countries, many governments, many electorates participate and we could have events which, rationally, are not controllable.

Evangelos Venizelos

The world has changed around Europe. It is not only the migration crisis that has shown Europe is not up for challenge.

Viktor Orban

But sovereign debt is a wider question not only in Europe but across the globe. While every country is a unique case, I think it's not an issue of countries acting on their own. We need a more coordinated strategy not only in Europe but around the world.

George Papandreou

Flexibility is indispensable in the talks, .. Only if (the DPRK and the United States) show flexibility, it is possible to reach compromise.

Bill Vaughan

Europe is one thing. The euro is something else.

Beppe Grillo

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

Europe isn't something connected by the Euro. Every little dimension of Europe is so hugely different, and I think America is different in its states as well, so I never really think of things in big blocks, in terms of other artists.

Patrick Wolf

Is Europe going to be breaking? I don't think so. I think the euro will stay. I think at the end of the day Europeans will find the solutions in order to hold Europe together.

Carlos Ghosn

A Quote by Milton Friedman

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