Country Quote by Peer Steinbruck

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

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

Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.

— 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

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

I think there will be no government bankruptcy in Greece.

— Wolfgang Schauble

We're in a chronic debt-deflation. There's no way we can recover unless you write down the debts. And that's what the IMF basically is…

— Michael Hudson

It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to…

— Charles Dallara

“Forcing new loans upon the bankrupt on condition that they shrink their income is nothing short of cruel and unusual punishment. Greece was never…

— Yanis Varoufakis

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

Greece's debt is going to be a function of a lot of factors down the road.

— Charles Dallara

We have a debt the size of our economy, which makes us look a lot like Greece.

— Mitch McConnell