Bankers Quote by Yanis Varoufakis

“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

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

“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

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

I think there will be no government bankruptcy in Greece.

— Wolfgang Schauble

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

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

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

“The motives of the troika and Greece's domestic oligarchy are obvious. Debt is creditor power, and unsustainable debt gives creditors exorbitant power.”

— Yanis Varoufakis

Greece is a medium-sized country in Europe. Our debt accounts for only 2.5 percent of the total of all members of the euro zone.

— Evangelos Venizelos

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