Default Quote by Mohamed El-Erian

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

The challenges some European economies have are such that it makes it very difficult for them. You have to go where the growth is.

— Martin Sorrell

I wouldn't like Greece to stay recession. I do think that everything has to be undertaken to reconnect with growth.

— Jean-Claude Juncker

Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think most people would argue…

— Vince Cable

What's going to happen is that there will be a definite consensus that Europe is not working. The diagnosis will be to shed the…

— Joseph Stiglitz

If we were the problem, it would be very convenient - kick Greece out, everything's fine. What would happen to Spain, what about Portugal,…

— George Papandreou

This goes back to the main challenge we are facing, because Europe at the moment is not competitive. We have many imbalances and my…

— Mark Rutte

Greece and the Greek people have recently had to deal with the harshest consequences of the global and European economic crisis. As an economy…

— Alexis Tsipras

Time is running out fast. I think we have maybe a few months -- it could be weeks, it could be days -- before…

— Willem Buiter

First of all, Greece won't go down. We're talking about a country that is capable of making change. Europe will not allow the destabilization…

— George Papandreou

I'm a pessimist about the euro, but not about Europe. So the southern periphery, Spain, Italy, Greece, leave - Italy might be the first…

— Tyler Cowen

The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance…

— George Soros