Lucas Papademos
Lucas Papademos
Lucas Demetrios Papademosis a Greek economist who was the Prime Minister of Greece from November 2011 to May 2012, leading a provisional government in the wake of the Greek debt crisis...
NationalityGreek
ProfessionPolitician
Date of Birth11 October 1947
country thinking judging
And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates.
thinking leaving euro
I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option.
thinking people effort
I am confident that we can overcome this crisis, provided that we remain united in our effort to address our debt and competitiveness problems. And I think that the Greek people are united; it's important also that the political forces are united in line with the will of the Greek people.
country commitment thinking
I take office during the most difficult moment in the country's recent history. The country can be saved - it's up to us. I think it is obvious for those who support this government to undertake the commitment and ensure that our country's euro membership is not endangered.
taken thinking addresses
I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.
strong past thinking
I am convinced that the public, large majority of the Greek people, realize that policies pursued in the past and the market practices have to be changed, in order to improve the prospects of the Greek economy. So there is, I think, strong public support despite the increases in social tensions.
thinking people greek
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.
thinking order support
I think the funds that have been pledged at Euro Summit, combined with the outcome of the private sector involvement process should be sufficient in order to support financially the Greek Economy.
thinking growth reform
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.
thinking growth important
I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.
continue disastrous efforts sacrifices stay sure turn waste year
A very difficult year is ahead of us. We must continue our efforts with decisiveness, to stay in the euro, to make sure we do not waste the sacrifices and do not turn the crisis into an uncontrolled and disastrous bankruptcy.
country believe government
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.
justice delay speed
Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors.
government achievement assuming
Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives.