Ability Quote by Amity Shlaes

A single currency entails a fixed interest rate, which means countries can't manage their own currency to suit their own needs. You need a…

— Joseph Stiglitz

A European currency will lead to member-nations transferring their sovereignty over financial and wage policies as well as in monetary affairs... It is an…

— Hans Tietmeyer

For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our…

— Dalia Grybauskaite

In order to consolidate the euro we need to harmonise our economic, fiscal and social policies, hence we are going toward greater integration.

— Francois Fillon

I'm not trying to be diplomatic. I'm trying to be more nuanced and realistic. I think there has to be a serious examination of…

— Stephen Harper

We must stress that the euro has been beneficial to the European Union because, otherwise, in this context of international turmoil, every country would…

— Jean-Pierre Raffarin

The euro is not a currency. It is a political weapon to force countries to implement the policies decided by the E.U. and keep…

— Marine Le Pen

The reserve currency role seems to add prestige to an area and some people in Europe have talked about the desirability of the euro…

— Robert C. Solomon

The euro is good for Europe. But only if there is flexibility all around.

— Milton Friedman

We are entering a new phase of European politics. What is decisive is not only do we have a single currency area, but also…

— Oskar Lafontaine

This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the euro was…

— George Soros

If European monetary policy is run according to German interests, huge structural imbalances will accumulate. The Germans will then either have to pay to…

— John Lanchester