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Mario Monti Quotes
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I understand that Italy could have been associated with the idea of an undisciplined country in the past.
If Spain goes under, Italy will come under even more scrutiny.
It is rather unusual for Italy to be at the forefront of pro-market initiatives.
Italy even in the future will not need aid from the European Financial Stability Fund.
Italy needed structural reforms to become more competitive.
My aspiration is not to be loved. It is that my government be respected and credible.
The Italian economy has been held back for decades.
As to the question of elected or not elected, each member of the European Commission has been appointed jointly by the governments of the 15 member states, and undergone individual scrutiny and a vote of confidence from the European Parliament.
A lot of the American press at the time was saying 'just watch what happens when Bertelsmann tries to buy EMI, that will be a moment of truth that will show the Commission's true colors.' Well, that deal never happened either.
All I am saying is I will be a senator - should there be any special circumstance where the political forces would believe that there might be a need for my service, I would consider it.
Dominant companies have a special responsibility to ensure that the way they do business doesn't prevent competition... and does not harm consumers and innovation.
I have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.
Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long time were major creditors for Greece and Greek banks.
Reference to the territory and total disregard for the nationality of the companies is of course the best guarantee that competition assessment remain just that and doesn't get affected by trade or other considerations.
That statement was not addressed to the authors of political statements. I said that I deplore attempts to misinform the public and to /trigger/ political intervention. And there were such attempts.
There is no government in Europe where ministers go through that kind of confirmation process, which in fact is modeled on the way the U.S. cabinet members are confirmed.
What will growth policy have to look like in a fiscally compacted Europe? Clearly any illusion of budget stimulated growth policy will have to go away.
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