Phrase by 'Lucas Papademos'
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Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.
Author: Lucas Papademos - Greek PoliticianCannot , Exit , Greece , Currency
I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.
Author: Lucas Papademos - Greek PoliticianThink , Important , Growth , Environment
We must all assume out responsibilities to take the country forward.
Author: Lucas Papademos - Greek PoliticianOut , Country , Take , Forward
I think the gains to be achieved by a combination of reforms and labor market adjustments are going to be more permanent and will provide a basis for reducing unemployment and improving export performance, and sustaining growth, in a way that is more sound and permanent.
Author: Lucas Papademos - Greek PoliticianThink , Way , Growth , Performance
I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.
Author: Lucas Papademos - Greek PoliticianHelp , Think , Problems , Facts
I am personally convinced - and I think the Greek people share this belief in a fundamental way - that we can achieve fiscal consolidation more effectively and we can restore competitiveness in a more fundamental and permanent way within the euro area than outside.
Author: Lucas Papademos - Greek PoliticianPeople , Think , I Am , Way