Quote of the Day
We must break up the eurozone. We must set those Mediterranean countries free.
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.
Britain is not in the single currency, and we're not going to be. But we all need the eurozone to have the right governance and structures to secure a successful currency for the long term.
We are near, very near, to an end to the eurozone crisis... The worst - in the sense of the fear of the eurozone breaking up - is over. But the best isn't there yet.
The Greek people today voted for Greece to remain on its European path and in the eurozone.
We all have our problems and we are working to find a solution to ours and also to help the eurozone. We expect that other countries should do the same, that they be prudent in their statements.
A Syriza government will respect Greece's obligation as a eurozone member to maintain a balanced budget and will commit to quantitative targets.
We're very proud to be part of the eurozone. But this comes with obligations and it is crucial we show the world we can live up to those obligations.
Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone.
More cuts were needed to avoid exiting the eurozone.
Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.
The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.
I thank all of those deputies who supported the government and gave it a vote of confidence. I believe each of those votes represents a responsible decision to avoid placing our country's membership of the eurozone in danger.
I can confirm that Poland should become a eurozone country, and not just because of the treaties that have been signed, but because I consider it of strategic interest both for Poland and the E.U.
It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.
If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.
The goal of the government is to guarantee the place of Greece in the eurozone against those who want to undermine it.
Many have wondered if Greece's economy would get so bad that it would eventually break away from the Eurozone - a move that could encourage other countries to follow and therefore splinter the currency union.
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