Eurozone Quote by Michael Hudson Download Open image “To save the banks, you would have to turn the entire Eurozone into Greece.” — Michael Hudson ★ ★ ★ ★ ★ 2.8 out of 5 (4 ratings) Copy quoteShare Eurozone Greece Turns
I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option. — Lucas Papademos Copy Share Image
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 Copy Share Image
We will do whatever we could do to keep Greece inside the euro and inside Europe. — Alexis Tsipras Copy Share Image
There's no more place in the euro zone for well-meaning laxness when dealing with deficits and failings. If the demands on Greece aren't taken… — Peer Steinbruck Copy Share Image
Not all Greeks are ready to do whatever is necessary to stay in the euro. — Mario Monti Copy Share Image
The Greek people do not want to exit the euro. And I believe the Greek people already have shown that they have made major… — George Papandreou Copy Share Image
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 Copy Share Image
The Greek people do not want to exit the euro, and I believe the Greek people already have shown that they have made major… — George Papandreou Copy Share Image
A Greek exit from the E.U. and the euro would mean the Greek economy would be difficult to sustain. — Thom Tillis Copy Share Image
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 Copy Share Image
Businesses will only invest in Greece if three conditions are fulfilled. First, there must be a clear commitment to the euro. No businesses will… — Martin Schulz Copy Share Image
Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the… — Michael Hudson Copy Share Image
This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in… — Michael Hudson Copy Share Image
Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains. — Michael Hudson Copy Share Image
Nothing could be better for the economy than to get rid of fracking. — Michael Hudson Copy Share Image
If you end internet neutrality and permit mergers of the big information technology corporations, that's a form of rent seeking. It's part of today's… — Michael Hudson Copy Share Image
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening… — Michael Hudson Copy Share Image
What's bad for the frackers usually is good for the rest of the world. — Michael Hudson Copy Share Image
You could say that the vote to withdraw from Europe is, it's really a vote of the British middle class, the working class, to… — Michael Hudson Copy Share Image
Actually, high housing prices don't help the economy. They raise the cost of living. — Michael Hudson Copy Share Image
When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting. There are… — Michael Hudson Copy Share Image
The United States and Europe are in a state of debt deflation, where people and businesses have to pay banks instead of spending their… — Michael Hudson Copy Share Image
On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top… — Michael Hudson Copy Share Image
Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the… — Michael Hudson Copy Share Image
While holding the eurozone together will be costly and difficult and painful for the politicians, breaking it up will be even more costly and… — Barry Eichengreen Copy Share Image
I work in lockstep, hand in glove, with the prime minister on these issues, and as we are supportive to the Eurozone so they… — Nick Clegg Copy Share Image
If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the… — Peer Steinbruck Copy Share Image
The interesting thing is that the 82% of the Greeks do not want to abandon the Euro. They really believe that there might be… — Dora Bakoyannis Copy Share Image
You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty… — Michael Hudson Copy Share Image
Both the Eurozone and European Union is like the end of the Roman Empire. It's already started. In a few years' time it will… — Geert Wilders Copy Share Image
Whatever new arrangements are enacted for the Eurozone, they must work fairly for those inside it and out. — David Cameron Copy Share Image
The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis. — Anat R. Admati Copy Share Image
Very serious mistakes were made by previous governments, and Greece was ready to be abandoned by its partners and to leave the eurozone, which… — Antonis Samaras Copy Share Image
I believe the ones who stand up for what we say, which is stay inside the Eurozone, try to fix some things in the… — Eva Kaili Copy Share Image
Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all… — George Osborne Copy Share Image
