A Quote by Nigel Farage
The EU is mired in deep structural crisis. Greece, Portugal and Ireland cannot survive inside the Euro.
Related Quotes
Greeks have to know that they are not alone ... Those who are fighting for the survivor of Greece inside the Euro area are deeply harmed by the impression floating around in the Greek public opinion that Greece is a victim. Greece is a member of the EU and the euro. I want Greece to be a constructive member of the Union because the EU is also benefiting from Greece.
Greece is at a dangerous crossroads. Other countries-Portugal, Ireland, maybe Spain-are coming behind it.
We will do whatever we could do to keep Greece inside the euro and inside Europe.
We are a trading nation, and we are trading with Greece, Spain, Italy, Portugal and Ireland.
One needs a comprehensive concept that decides just how much debt states like Greece, Ireland, Portugal, Spain and Italy can sustainably bear.
There is no better protection against the euro crisis than successful structural reforms in southern Europe.
Those who have a lot of money in Greece invest in housing abroad. It's all immoral. The Greek crisis is structural, but also political.
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.
If we were the problem, it would be very convenient - kick Greece out, everything's fine. What would happen to Spain, what about Portugal, what about Italy, what about the whole of the euro zone? We need more cooperation and less simplification and prejudice.
Today, capitalism faces a deep structural crisis.
We cannot allow the bankruptcy of a euro member state like Greece to turn into a second Lehman Brothers.
Greece is not a country that can be humiliated. It is a matter of finding an intersection between the reasonable elements of both sides [EU and Greece] which has to be done.
Businesses will only invest in Greece if three conditions are fulfilled. First, there must be a clear commitment to the euro. No businesses will invest if they have to fear that Greece will leave the euro zone at some point. Second, the Greek government must be prepared to work together with European institutions in order to restructure the country.
If European monetary policy is run according to German interests, huge structural imbalances will accumulate. The Germans will then either have to pay to correct those imbalances or agree that the euro should not be run primarily according to German interests. If they are unwilling to do either of those things, the euro can't survive.
Economic polarization is also occurring between creditor and debtor nations. This issplitting the eurozone between Germany, France and the Netherlands in the creditor camp, against Greece, Spain, Portugal, Ireland and Italy falling deeper into debt, unemployment and austerity - followed by emigration and capital flight.
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.
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