--- title: "Meaning & Key Takeaway of: It was very important for us to hear that…" description: "\"It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because the..." image: "https://sms4smile.com/quotes/i/27a/charles-dallara-19004_commitment_it-was-very-important-for-us-to-hear-tha_904925.jpg" --- # It was very important for us to hear that both European… ![“It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because they don't pursue the debt reduction route. They're actually extending more debt, more loans to Greece.” quote by Charles Dallara](https://sms4smile.com/quotes/i/27a/charles-dallara-19004_commitment_it-was-very-important-for-us-to-hear-tha_904925.jpg) [Download](https://sms4smile.com/quotes/i/27a/charles-dallara-19004_commitment_it-was-very-important-for-us-to-hear-tha_904925.jpg) [Open image](https://sms4smile.com/quotes/i/27a/charles-dallara-19004_commitment_it-was-very-important-for-us-to-hear-tha_904925.jpg) > “It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because they don't pursue the debt reduction route. They're actually extending more debt, more loans to Greece.” [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. European governments and IMF pledge continued support to Greece, opting for debt extension over reduction. **In simple terms:** Support continues via more debt, not cuts. Key Takeaway Advocate for sustainable fiscal strategies. Themes economics policy debt management Mood concerned analytical Type policy economic When to use this quote - government budgeting - loan negotiations - economic recovery - political debate Key Concepts financial stability international aid Questions to Reflect On - What are the long‑term risks of debt extension? - How can Greece achieve fiscal health without cuts? A Different Perspective Extending debt may delay necessary reforms. ★ ★ ★ ★ ★ No ratings yet [Commitment](https://sms4smile.com/quotes/about/commitment/) [Europe](https://sms4smile.com/quotes/about/europe/) [Greece](https://sms4smile.com/quotes/about/greece/) [Politics](https://sms4smile.com/quotes/about/politics/) ## Related quotes > [Greece's unprecedented fiscal effort, which was more than planned, has triggered much larger contractions of economic activity and the tax base than the original…](https://sms4smile.com/quotes/charles-dallara/greece-s-unprecedented-fiscal-effort-which-was-more-than-planned-has/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [Observers and even some officials raise questions about the future of Greece as part of the Eurozone, while the Eurozone itself struggles to deal…](https://sms4smile.com/quotes/charles-dallara/observers-and-even-some-officials-raise-questions-about-the-future-of/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I had the privilege of living in Greece in the early 1970s.](https://sms4smile.com/quotes/charles-dallara/i-had-the-privilege-of-living-in-greece-in-the-early-1970s/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [Greece is a good place for rebirths.](https://sms4smile.com/quotes/judith-martin/greece-is-a-good-place-for-rebirths/) [Judith Martin](https://sms4smile.com/quotes/author/judith-martin/) > [There's a lot of things we can do to balance out what Obama's done and going forward show the American people the Republican Party…](https://sms4smile.com/quotes/lindsey-graham/there-s-a-lot-of-things-we-can-do-to-balance-out-what-obama-s-done/) [Lindsey Graham](https://sms4smile.com/quotes/author/lindsey-graham/) > [The unemployed in Greece can get a voucher and choose a training program somewhere in Europe to be retrained during this crisis and when…](https://sms4smile.com/quotes/george-papandreou/the-unemployed-in-greece-can-get-a-voucher-and-choose-a-training/) [George Papandreou](https://sms4smile.com/quotes/author/george-papandreou/) > [When I lived in Greece and off the coast of Italy, I enjoyed a branzino dish so much that I created my own version.](https://sms4smile.com/quotes/camila-alves/when-i-lived-in-greece-and-off-the-coast-of-italy-i-enjoyed-a/) [Camila Alves](https://sms4smile.com/quotes/author/camila-alves/) > [I would say we are a friend in need and I am sure that the Greek people would very much welcome the choice of…](https://sms4smile.com/quotes/george-papandreou/i-would-say-we-are-a-friend-in-need-and-i-am-sure-that-the-greek/) [George Papandreou](https://sms4smile.com/quotes/author/george-papandreou/) > [I truly enjoyed Greece - Santorini. That's somewhere that I always want to be.](https://sms4smile.com/quotes/kendall-jenner/i-truly-enjoyed-greece-santorini-that-s-somewhere-that-i-always-want/) [Kendall Jenner](https://sms4smile.com/quotes/author/kendall-jenner/) > [Greece is a sort of American vassal; the Netherlands is the country of American bases that grow like tulip bulbs; Cuba is the main…](https://sms4smile.com/quotes/anonymous/greece-is-a-sort-of-american-vassal-the-netherlands-is-the-country-of/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Ruin, eldest daughter of Zeus, she blinds us all, that fatal madness—she with those delicate feet of hers, never touching the earth, gliding over…](https://sms4smile.com/quotes/homer/ruin-eldest-daughter-of-zeus-she-blinds-us-all-that-fatal-madness-she/) [Homer](https://sms4smile.com/quotes/author/homer/) > [As for Aliki - if you were to stand in the middle of Rome and say the name Sophia Loren, or Paris and say…](https://sms4smile.com/quotes/ali-smith/as-for-aliki-if-you-were-to-stand-in-the-middle-of-rome-and-say-the/) [Ali Smith](https://sms4smile.com/quotes/author/ali-smith/) > [“This was a man who moved like the gods were watching: every gesture he made was upright and correct. There was no one else…](https://sms4smile.com/quotes/madeline-miller/this-was-a-man-who-moved-like-the-gods-were-watching-every-gesture-he/) [Madeline Miller](https://sms4smile.com/quotes/author/madeline-miller/) > [In our own time the whole of Greece has been subject to a low birth rate and a general decrease of the population, owing…](https://sms4smile.com/quotes/polybius/in-our-own-time-the-whole-of-greece-has-been-subject-to-a-low-birth/) [Polybius](https://sms4smile.com/quotes/author/polybius/) > [“Do you see those dull stars?" She outlined the formation with her finger. "A pentagram," whispered Scott. "Yes, but not just any pentagram. Take…](https://sms4smile.com/quotes/katie-mattie/do-you-see-those-dull-stars-she-outlined-the-formation-with-her/) [Katie Mattie](https://sms4smile.com/quotes/author/katie-mattie/) ## More by Charles Dallara > [A core group of the world's leading economies need to come together and hammer out an understanding.](https://sms4smile.com/quotes/charles-dallara/a-core-group-of-the-world-s-leading-economies-need-to-come-together/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [The Germans argue - and I can fully understand them - that the euro countries must surrender their sovereignty, because that is the only…](https://sms4smile.com/quotes/charles-dallara/the-germans-argue-and-i-can-fully-understand-them-that-the-euro/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [How can the United States preserve its financial and security leadership role when it conducts itself with such ineptitude and such disregard for the…](https://sms4smile.com/quotes/charles-dallara/how-can-the-united-states-preserve-its-financial-and-security/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [The emphasis so far on fiscal austerity, while to a degree necessary for the countries facing market funding difficulties, is excessive when carried out…](https://sms4smile.com/quotes/charles-dallara/the-emphasis-so-far-on-fiscal-austerity-while-to-a-degree-necessary/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [If the official community is interested in asking the private sector to take another look at Greece, then it will have to be only…](https://sms4smile.com/quotes/charles-dallara/if-the-official-community-is-interested-in-asking-the-private-sector/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I had the privilege of living in Greece in the early 1970s.](https://sms4smile.com/quotes/charles-dallara/i-had-the-privilege-of-living-in-greece-in-the-early-1970s/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [2005 is highly likely to be a more challenging environment, both for policymakers and investors.](https://sms4smile.com/quotes/charles-dallara/2005-is-highly-likely-to-be-a-more-challenging-environment-both-for/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [When you inject capital into the parent, it may or may not benefit the subsidiary.](https://sms4smile.com/quotes/charles-dallara/when-you-inject-capital-into-the-parent-it-may-or-may-not-benefit-the/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I think Putin will have to find a way to signal, even if it's a modest signal, an openness to dialogue.](https://sms4smile.com/quotes/charles-dallara/i-think-putin-will-have-to-find-a-way-to-signal-even-if-it-s-a-modest/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [If you step back and think about it, just a little over two years ago, in 2009, it was not surprising at all to…](https://sms4smile.com/quotes/charles-dallara/if-you-step-back-and-think-about-it-just-a-little-over-two-years-ago/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I think that it would be a mistake for any institution to think that their stake in a default or in a voluntary accord…](https://sms4smile.com/quotes/charles-dallara/i-think-that-it-would-be-a-mistake-for-any-institution-to-think-that/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [It is time to recognise that austerity alone condemns not just Greece but the whole of Europe to the probability of a painful and…](https://sms4smile.com/quotes/charles-dallara/it-is-time-to-recognise-that-austerity-alone-condemns-not-just-greece/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [Unfortunately, I think we could see that fairly early in 2015: The cloud of economic weakness in Russia is spreading over Europe. It has…](https://sms4smile.com/quotes/charles-dallara/unfortunately-i-think-we-could-see-that-fairly-early-in-2015-the/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [It is certainly possible that the Greek economy can revive and achieve some growth over the years ahead.](https://sms4smile.com/quotes/charles-dallara/it-is-certainly-possible-that-the-greek-economy-can-revive-and/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I think it is incumbent on the rest of us - and I would suggest that includes other European leaders - to pause in…](https://sms4smile.com/quotes/charles-dallara/i-think-it-is-incumbent-on-the-rest-of-us-and-i-would-suggest-that/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) [Explore all 33 Charles Dallara quotes ](https://sms4smile.com/quotes/author/charles-dallara/) ## More Commitment quotes > [Deepen your existing spiritual commitment.](https://sms4smile.com/quotes/dan-buettner/deepen-your-existing-spiritual-commitment/) [Dan Buettner](https://sms4smile.com/quotes/author/dan-buettner/) > [We can find common qualities and common values that have made Britain the country it is. Our belief in tolerance and liberty which shines…](https://sms4smile.com/quotes/gordon-brown/we-can-find-common-qualities-and-common-values-that-have-made-britain/) [Gordon Brown](https://sms4smile.com/quotes/author/gordon-brown/) > [Certainly these are not easy times. But history does not contain very many easy times. Years from now, we will look back at this…](https://sms4smile.com/quotes/laura-ingraham/certainly-these-are-not-easy-times-but-history-does-not-contain-very/) [Laura Ingraham](https://sms4smile.com/quotes/author/laura-ingraham/) > [Trust is about keeping commitments, but in many instances, circumstances change and organizations therefore shed commitments, things such as retiree medical benefits, pension obligations,…](https://sms4smile.com/quotes/jeffrey-pfeffer/trust-is-about-keeping-commitments-but-in-many-instances/) [Jeffrey Pfeffer](https://sms4smile.com/quotes/author/jeffrey-pfeffer/) > [“You make me believe in happiness... if I had my way, if anything were up to me, I’d never be without you. You are…](https://sms4smile.com/quotes/courtney-kirchoff/you-make-me-believe-in-happiness-if-i-had-my-way-if-anything-were-up/) [Courtney Kirchoff](https://sms4smile.com/quotes/author/courtney-kirchoff/) > [Golf is such a big commitment, and so is acting. Sometimes you have to give up something to do something else, although, when I'm…](https://sms4smile.com/quotes/kathryn-newton/golf-is-such-a-big-commitment-and-so-is-acting-sometimes-you-have-to/) [Kathryn Newton](https://sms4smile.com/quotes/author/kathryn-newton/) > [All of the barriers to innovation in the energy sector are arguments for a big commitment to public investment. Only the public sector can…](https://sms4smile.com/quotes/ted-nordhaus/all-of-the-barriers-to-innovation-in-the-energy-sector-are-arguments/) [Ted Nordhaus](https://sms4smile.com/quotes/author/ted-nordhaus/) > [When you make a commitment to a relationship, you invest your attention and energy in it more profoundly because you now experience ownership of…](https://sms4smile.com/quotes/barbara-de-angelis/when-you-make-a-commitment-to-a-relationship-you-invest-your/) [Barbara De Angelis](https://sms4smile.com/quotes/author/barbara-de-angelis/) > [ “For \[erotically intelligent couples\], love is a vessel that contains both security and adventure, and commitment offers one of the great luxuries of life:… ](https://sms4smile.com/quotes/esther-perel/for-erotically-intelligent-couples-love-is-a-vessel-that-contains/) [Esther Perel](https://sms4smile.com/quotes/author/esther-perel/) > [Having a point to start is important. You know that when you decide to write something it's like a commitment. It's like falling in…](https://sms4smile.com/quotes/isabel-allende/having-a-point-to-start-is-important-you-know-that-when-you-decide-to/) [Isabel Allende](https://sms4smile.com/quotes/author/isabel-allende/) > [A commitment to lifelong learning is a natural expression of the practice of living consciously.](https://sms4smile.com/quotes/nathaniel-branden/a-commitment-to-lifelong-learning-is-a-natural-expression-of-the/) [Nathaniel Branden](https://sms4smile.com/quotes/author/nathaniel-branden/) > [A lasting relationship consists of the 3 C's: Commitment. Communication. Compromise.](https://sms4smile.com/quotes/nishan-panwar/a-lasting-relationship-consists-of-the-3-c-s-commitment-communication/) [Nishan Panwar](https://sms4smile.com/quotes/author/nishan-panwar/) > [I've developed a huge regard for Toyota for its environmental awareness, for its immense commitment to research and development in this field, and for…](https://sms4smile.com/quotes/maurice-strong/i-ve-developed-a-huge-regard-for-toyota-for-its-environmental/) [Maurice Strong](https://sms4smile.com/quotes/author/maurice-strong/) > [And the commitment that I've been giving to the Australian people is that there'll be no surprises and no excuses under a Coalition government.](https://sms4smile.com/quotes/tony-abbott/and-the-commitment-that-i-ve-been-giving-to-the-australian-people-is/) [Tony Abbott](https://sms4smile.com/quotes/author/tony-abbott/) > [As a result of reading science fiction when I was eight, I grew up with an interest in music, architecture, city planning, transportation, politics,…](https://sms4smile.com/quotes/ray-bradbury/as-a-result-of-reading-science-fiction-when-i-was-eight-i-grew-up/) [Ray Bradbury](https://sms4smile.com/quotes/author/ray-bradbury/) [Browse all 4,004 Commitment quotes ](https://sms4smile.com/quotes/about/commitment/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to Greece because they don't pursue the debt reduction route. 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