Phrase by 'Charles Dallara'
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Our long-term prosperity depends critically on the ability of world leaders to make politically difficult decisions at a time when the global economy is still vulnerable on so many fronts.
Author: Charles Dallara - American BusinessmanTime , World , Difficult , Decisions
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.
Author: Charles Dallara - American BusinessmanHeart , Future , Architecture , Flaws
Threats of trade protectionism, plus unilateral actions on the exchange-rate front, such as the heavy interventions of China, Japan, and Switzerland in the currency markets - not to mention the retaliatory tariffs recently passed by the U.S. House of Representatives - endanger growth prospects and could further depress financial market confidence.
Author: Charles Dallara - American BusinessmanHouse , Confidence , Growth , Switzerland
I think it is incumbent on the rest of us - and I would suggest that includes other European leaders - to pause in what has become a very popular game of telling the Greeks how to run their lives.
Author: Charles Dallara - American BusinessmanThink , Game , Run , Rest
You look at the U.S. budget deficit, and you cannot help but feel that this is a serious accident waiting to happen. And not just a serious U.S. accident, but a serious global accident.
Author: Charles Dallara - American BusinessmanYou , Look , Feel , Waiting
Countries that are occasionally immature in their ability to manage their economic affairs as well as they should - and that includes most of them - are going to find that the world is at risk.
Author: Charles Dallara - American BusinessmanWorld , Find , Ability , Economic
We remain open to explore options on a voluntary approach built on a realistic outlook for the Greek economy and restoration of Greece's market access.
Author: Charles Dallara - American BusinessmanExplore , Open , Economy , Realistic
It is time to recognise that austerity alone condemns not just Greece but the whole of Europe to the probability of a painful and protracted era of little or no economic growth. This would be a tragedy not just for Greece and for Europe, but for the world.
Author: Charles Dallara - American BusinessmanTime , World , Alone , Growth
Greece's unprecedented fiscal effort, which was more than planned, has triggered much larger contractions of economic activity and the tax base than the original program had assumed.
Author: Charles Dallara - American BusinessmanMore , Effort , Tax , Economic
It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because they don't pursue the debt reduction route. They're actually extending more debt, more loans to Greece.
Author: Charles Dallara - American BusinessmanMore , Important , Us , Commitment
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