42 Quotes by Lucas Papademos

Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.

I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option.

I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.

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.

So it won't be a surprise when the Greek default actually happens and we expect it one way or the other to be relatively soon.

The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

Our position in Europe is not negotiable. The Greek people will defend it by all means. But participation in the euro involves rules and obligations, which we must consistently meet. Greece belongs to Europe and Europe cannot be envisaged without Greece.