--- title: "Meaning & Key Takeaway of: So it won't be a surprise when the Greek…" description: "\"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.\" — Lucas Papademos" image: "https://sms4smile.com/quotes/i/216/lucas-papademos-20141_default_so-it-won-t-be-a-surprise-when-the-greek_296686.jpg" --- # So it won't be a surprise when the Greek default actually… ![“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.” quote by Lucas Papademos](https://sms4smile.com/quotes/i/216/lucas-papademos-20141_default_so-it-won-t-be-a-surprise-when-the-greek_296686.jpg) [Download](https://sms4smile.com/quotes/i/216/lucas-papademos-20141_default_so-it-won-t-be-a-surprise-when-the-greek_296686.jpg) [Open image](https://sms4smile.com/quotes/i/216/lucas-papademos-20141_default_so-it-won-t-be-a-surprise-when-the-greek_296686.jpg) > “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.” [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Greek financial collapse is imminent; expectations already anticipate it, making it likely to occur soon. **In simple terms:** Greek debt crisis is expected and likely to happen soon. Key Takeaway Prepare for economic volatility. Themes economics risk anticipation Mood cautious analytical Type strategic warning When to use this quote - investment strategy - government budgeting - personal finance - business planning Key Concepts financial crisis policy response Questions to Reflect On - How can you mitigate personal risk? - What policies could prevent such defaults? A Different Perspective Predicting crises can influence behavior, potentially worsening outcomes. ★ ★ ★ ★ ★ No ratings yet [Actually Happens](https://sms4smile.com/quotes/about/actually-happens-597727/) [Default](https://sms4smile.com/quotes/about/default/) [Greek](https://sms4smile.com/quotes/about/greek/) [Greek Default](https://sms4smile.com/quotes/about/greek-default-2843149/) [Happens](https://sms4smile.com/quotes/about/happens/) [Happens Expect](https://sms4smile.com/quotes/about/happens-expect-482933/) [Relatively Soon](https://sms4smile.com/quotes/about/relatively-soon-2843148/) [Surprise](https://sms4smile.com/quotes/about/surprise/) [Surprise Greek](https://sms4smile.com/quotes/about/surprise-greek-2843150/) [Way](https://sms4smile.com/quotes/about/way/) ## Related quotes > [You never know what's going to happen sometimes, or what you think's going to happen never happens, or when you least expect it, the…](https://sms4smile.com/quotes/tommy-lee/you-never-know-what-s-going-to-happen-sometimes-or-what-you-think-s/) [Tommy Lee](https://sms4smile.com/quotes/author/tommy-lee/) > [“Perhaps life is what happens when you least expect it.”](https://sms4smile.com/quotes/jane-harvey-berrick/perhaps-life-is-what-happens-when-you-least-expect-it/) [Jane Harvey-Berrick](https://sms4smile.com/quotes/author/jane-harvey-berrick/) > [“But then again, perhaps life is what happens when you least expect it.”](https://sms4smile.com/quotes/jane-harvey-berrick/but-then-again-perhaps-life-is-what-happens-when-you-least-expect-it/) [Jane Harvey-Berrick](https://sms4smile.com/quotes/author/jane-harvey-berrick/) > [Crisis is not a nine-to-five job... Crisis happens when you least expect it.](https://sms4smile.com/quotes/judy-smith/crisis-is-not-a-nine-to-five-job-crisis-happens-when-you-least-expect/) [Judy Smith](https://sms4smile.com/quotes/author/judy-smith/) > [the worst happens when you least expect it](https://sms4smile.com/quotes/dean-koontz/the-worst-happens-when-you-least-expect-it/) [Dean Koontz](https://sms4smile.com/quotes/author/dean-koontz/) > [The testing process usually happens when we least expect it, thereby catching you off guard and giving you no chance to display anything by…](https://sms4smile.com/quotes/napoleon-hill/the-testing-process-usually-happens-when-we-least-expect-it-thereby/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [Not everything happens when you expect it; it is what it is. The people who ride with you, ride with you.](https://sms4smile.com/quotes/kali-uchis/not-everything-happens-when-you-expect-it-it-is-what-it-is-the-people/) [Kali Uchis](https://sms4smile.com/quotes/author/kali-uchis/) > [Look how often the unexpected happens - yet we still never expect it.](https://sms4smile.com/quotes/ashleigh-brilliant/look-how-often-the-unexpected-happens-yet-we-still-never-expect-it/) [Ashleigh Brilliant](https://sms4smile.com/quotes/author/ashleigh-brilliant/) > [If you fixate on the worst-case scenario and it actually happens, you’ve lived it twice.](https://sms4smile.com/quotes/michael-j-fox/if-you-fixate-on-the-worst-case-scenario-and-it-actually-happens-you/) [Michael J. Fox](https://sms4smile.com/quotes/author/michael-j-fox/) > [I never believe anything in the world of entertainment until it actually happens and the check clears the bank.](https://sms4smile.com/quotes/jesse-ventura/i-never-believe-anything-in-the-world-of-entertainment-until-it/) [Jesse Ventura](https://sms4smile.com/quotes/author/jesse-ventura/) > [“Remembering can be almost as good as what actually happens.”](https://sms4smile.com/quotes/kathryn-stockett/remembering-can-be-almost-as-good-as-what-actually-happens/) [Kathryn Stockett](https://sms4smile.com/quotes/author/kathryn-stockett/) > [The things that go on in my head are far more interesting than what actually happens...](https://sms4smile.com/quotes/nicole-kidman/the-things-that-go-on-in-my-head-are-far-more-interesting-than-what/) [Nicole Kidman](https://sms4smile.com/quotes/author/nicole-kidman/) > [Making up a whole story in your head, hoping that one day it actually happens.](https://sms4smile.com/quotes/anonymous/making-up-a-whole-story-in-your-head-hoping-that-one-day-it-actually/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I don't believe anything is going to happen until it does, until you see your name on a paper or it actually happens and…](https://sms4smile.com/quotes/june-brown/i-don-t-believe-anything-is-going-to-happen-until-it-does-until-you/) [June Brown](https://sms4smile.com/quotes/author/june-brown/) > [“I don't have any stories. All that shit I tell you actually happens. ”](https://sms4smile.com/quotes/kristen-ashley/i-don-t-have-any-stories-all-that-shit-i-tell-you-actually-happens/) [Kristen Ashley](https://sms4smile.com/quotes/author/kristen-ashley/) ## More by Lucas Papademos > [And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate…](https://sms4smile.com/quotes/lucas-papademos/and-judging-what-is-appropriate-or-not-appropriate-for-a-country-i/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Delays in granting of justice very often reduce the speed with which investment could be undertaken, discouraging investors.](https://sms4smile.com/quotes/lucas-papademos/delays-in-granting-of-justice-very-often-reduce-the-speed-with-which/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [The ECB's interventions in sovereign bond markets should not be perceived or interpreted as a 'freebie' for governments. They are temporary.](https://sms4smile.com/quotes/lucas-papademos/the-ecb-s-interventions-in-sovereign-bond-markets-should-not-be/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary…](https://sms4smile.com/quotes/lucas-papademos/in-the-20-years-before-greece-end-up-with-the-euro-efforts-to-improve/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro…](https://sms4smile.com/quotes/lucas-papademos/our-membership-of-the-euro-is-a-guarantee-of-monetary-stability-and/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Greece is at a crucial crossroads. The choices that are made and the policies that are enforced will have a decisive impact on the…](https://sms4smile.com/quotes/lucas-papademos/greece-is-at-a-crucial-crossroads-the-choices-that-are-made-and-the/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [A very difficult year is ahead of us. We must continue our efforts with decisiveness, to stay in the euro, to make sure we…](https://sms4smile.com/quotes/lucas-papademos/a-very-difficult-year-is-ahead-of-us-we-must-continue-our-efforts/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.](https://sms4smile.com/quotes/lucas-papademos/i-am-not-a-politician-but-i-have-dedicated-the-biggest-part-of-my/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Our position in Europe is not negotiable. The Greek people will defend it by all means. But participation in the euro involves rules and…](https://sms4smile.com/quotes/lucas-papademos/our-position-in-europe-is-not-negotiable-the-greek-people-will-defend/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.](https://sms4smile.com/quotes/lucas-papademos/i-think-the-facts-reveal-that-the-european-partners-have-taken/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone.](https://sms4smile.com/quotes/lucas-papademos/dealing-with-greece-s-problems-will-be-more-difficult-if-greece-is/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [My job will not be easy but I am convinced the problems will be solved in a quicker and more efficient way if there…](https://sms4smile.com/quotes/lucas-papademos/my-job-will-not-be-easy-but-i-am-convinced-the-problems-will-be/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.](https://sms4smile.com/quotes/lucas-papademos/i-think-achieving-a-higher-fiscal-stability-is-also-a-very-important/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.](https://sms4smile.com/quotes/lucas-papademos/greece-could-default-on-its-debts-and-even-exit-currency-bloc-if-it/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) > [The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the…](https://sms4smile.com/quotes/lucas-papademos/the-government-is-determined-to-continue-the-process-of-fiscal/) [Lucas Papademos](https://sms4smile.com/quotes/author/lucas-papademos/) [Explore all 31 Lucas Papademos quotes ](https://sms4smile.com/quotes/author/lucas-papademos/) ## More Default quotes > [Freedom and liberty lose out by default because good people are not vigilant.](https://sms4smile.com/quotes/desmond-tutu/freedom-and-liberty-lose-out-by-default-because-good-people-are-not/) [Desmond Tutu](https://sms4smile.com/quotes/author/desmond-tutu/) > [Nick looked vaguely homicidal, but that was sort of his default expression.](https://sms4smile.com/quotes/sarah-rees-brennan/nick-looked-vaguely-homicidal-but-that-was-sort-of-his-default/) [Sarah Rees Brennan](https://sms4smile.com/quotes/author/sarah-rees-brennan/) > [It's unfortunate that a lot of people think African-American female artists are monolithically R&B this-or-that, don't have to do anything by default.](https://sms4smile.com/quotes/janelle-monae/it-s-unfortunate-that-a-lot-of-people-think-african-american-female/) [Janelle Monae](https://sms4smile.com/quotes/author/janelle-monae/) > [In my case, when I am trying to be "kind" I often default in a sort of toothless loving-all stance that is, actually, not…](https://sms4smile.com/quotes/george-saunders/in-my-case-when-i-am-trying-to-be-kind-i-often-default-in-a-sort-of/) [George Saunders](https://sms4smile.com/quotes/author/george-saunders/) > [My combined experiences, doing different films, has made me very concerned about and interested in how you protect your creative self when the work,…](https://sms4smile.com/quotes/sharlto-copley/my-combined-experiences-doing-different-films-has-made-me-very/) [Sharlto Copley](https://sms4smile.com/quotes/author/sharlto-copley/) > [When I get stressed out my de-stress default is - not cat videos - but I just watch his surrogates. They're so entertaining. It's…](https://sms4smile.com/quotes/kathleen-hanna/when-i-get-stressed-out-my-de-stress-default-is-not-cat-videos-but-i/) [Kathleen Hanna](https://sms4smile.com/quotes/author/kathleen-hanna/) > [My face frowns by default, so when I'm most calm is when I appear the least approachable.](https://sms4smile.com/quotes/ken-leung/my-face-frowns-by-default-so-when-i-m-most-calm-is-when-i-appear-the/) [Ken Leung](https://sms4smile.com/quotes/author/ken-leung/) > [I think for me, or for anyone who plays the quarterback position, it's almost an unspoken word when you think about leadership. Some guys…](https://sms4smile.com/quotes/cam-newton/i-think-for-me-or-for-anyone-who-plays-the-quarterback-position-it-s/) [Cam Newton](https://sms4smile.com/quotes/author/cam-newton/) > [I, for one, am profoundly grateful to feel the hand of God at work in my life. But at the beginning and end of…](https://sms4smile.com/quotes/charity-sunshine-tillemann-dick/i-for-one-am-profoundly-grateful-to-feel-the-hand-of-god-at-work-in/) [Charity Sunshine Tillemann-Dick](https://sms4smile.com/quotes/author/charity-sunshine-tillemann-dick/) > [The fact is that in a way, journalists become a kind of default in the system when you don't have substantive two-party back-and-forth inside…](https://sms4smile.com/quotes/ron-suskind/the-fact-is-that-in-a-way-journalists-become-a-kind-of-default-in-the/) [Ron Suskind](https://sms4smile.com/quotes/author/ron-suskind/) > [I do not want America to default on its debt.](https://sms4smile.com/quotes/jeb-hensarling/i-do-not-want-america-to-default-on-its-debt/) [Jeb Hensarling](https://sms4smile.com/quotes/author/jeb-hensarling/) > [I have never been a fan of bond funds. 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