A Quote by Barry Eichengreen

Southern Europe has not done enough to enhance its competitiveness, while northern Europe has not done enough to boost demand. Debt burdens remain crushing, and Europe's economy remains unable to grow.

Barry Eichengreen

Quote Topics

Boost Burdens Competitiveness Debt Demand Done Economy Enhance Enough Europe Grow Northern Remain Remains Southern Unable While

Quote Author

Barry Eichengreen
American - Economist
Born: 1952

France is the bridge between northern Europe and southern Europe. I refuse any division. If Europe has been reunified, it's not for it to then fall into egotism or 'each for one's own'. Our duty is to set common rules around the principles of responsibility and solidarity.

Francois Hollande

Basically, on the question of Europe, I want to see a social Europe, a cohesive Europe, a coherent Europe, not a free market Europe.

Jeremy Corbyn

Tobacco control is clearly a number one priority in Europe, not only aimed at men, particularly the male populations of Central and Eastern Europe, but increasingly targeted towards women, especially in Northern Europe.

Peter Boyle

Europe would be well advised to pay more attention to Latin America. The emerging economies are the engines of the global economy. Colombia has done too little to improve its reputation in Europe.

Juan Manuel Santos

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

What a thing, Europe. Europe! The cultured Europe! We are the barbarians, the Indians, the blacks, the southerners. How cynical is Europe. Chavez the tyrant! Chavez the strongman! Chavez, who wants to stay forever. While there, they have kings, my friend!

Hugo Chavez

Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.

George Friedman

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

So Europe needs to be competitive and we also need to be competitive if we wish to remain an interesting economic partner for the United States. This has to be done on the basis of strength, of competitiveness.

Angela Merkel

The Federated Republic of Europe-the United States of Europe-that is what must be. National autonomy no longer suffices. Economic evolution demands the abolition of national frontiers. If Europe is to remain split into national groups, then Imperialism will recommence its work. Only a Federated Republic of Europe can give peace to the world.

Leon Trotsky

It's my impression that investment in Europe is done for the right reasons. Europe is a very good place to do business; it's a large market.

Margrethe Vestager

We all need Europe, not just those of us in Europe. And we Germans need Europe more than the others. Germany is the country with the longest border, the most neighbours, and is, by population and economic strength, the number one in Europe.

Helmut Kohl

In this case [the Charlemagne Prize], I don't say (I was) forced, but convinced by the holy and theological headstrongness of Cardinal [Walter] Kasper, because he was chosen, elected by Aachen to convince me. And I said yes, but in the Vatican. And I said I offer it for Europe, as a co-decoration for Europe, a prize so that Europe may do what I desired at Strasburg; that it may no longer be "grandmother Europe" but "mother Europe."

Pope Francis

There will be no peace in Europe if the States rebuild themselves on the basis of national sovereignty, with its implications of prestige politics and economic protection... The countries of Europe are not strong enough individually to be able to guarantee prosperity and social development for their peoples. The States of Europe must therefore form a federation or a European entity that would make them into a common economic unit.

Jean Monnet

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.