Currency Quote by Lucas Papademos

Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking…

— John Major

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will…

— Peer Steinbruck

The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big…

— Jerry A. Webman

Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of…

— Wolfgang Schauble

I think there will be no government bankruptcy in Greece.

— Wolfgang Schauble

Every sensible banker understands that Greece should not have received any more money: a bankrupt state that can never be expected to repay loans…

— Yanis Varoufakis

If we were going to default, we would have decided that many months ago. It would be wrong for the Greek economy, it would…

— George Papandreou

We have no exposure in Europe and not made any finances to the companies there. So the question of Greek debt crisis impacting the…

— Chanda Kochhar

Many have wondered if Greece's economy would get so bad that it would eventually break away from the Eurozone - a move that could…

— Jens Nordvig

Following its recognition as a state in 1832, Greece spent most of the remainder of the 19th century under the control of creditors. The…

— Steve Hanke

So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when…

— James Chanos

For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through…

— Mohamed El-Erian