Vladimir Putin Quotes

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

We must stress that the euro has been beneficial to the European Union because, otherwise, in this context of international turmoil, every country would have to devalue their currencies.

After the accession to the euro zone, interest rates declined substantially in Portugal.

If we have a common currency, the main regulator for policy in the country is the fiscal policy.

The euro is a vital issue for Germany. There is no other country that derives as much benefit from the common domestic market and the monetary union as Germany.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

I have never said I would adopt the euro. Not today, not tomorrow, not in five years. We will introduce the euro when it will benefit Poles and Poland.

There is no better protection against the euro crisis than successful structural reforms in southern Europe.

The Euro was a terrible mistake, one that is very difficult to unmake.

It seems like cloud cuckoo land... If anyone is suggesting that I would go to Parliament and suggest the abolition of the pound sterling — no! ... We have made it quite clear that we will not have a single currency imposed on us.

Europe needs to make its first, second and third economic priorities economic development.

We need to show that Europe is investing in growth and not only in rigor and austerity.

A single currency entails a fixed interest rate, which means countries can't manage their own currency to suit their own needs. You need a variety of institutions to help nations for which the policies aren't well suited. Europe introduced the euro without providing those structures.

A national currency, with the Euro as a common currency - that wouldn't bother me.

In stabilizing the macroeconomic environment, we have focused on aligning fiscal with monetary policy and nudging the central bank toward the objective of more market-determined exchange rates.

I believe that high, sustainable growth rates can only be possible on the basis of macro-stability.

In Europe, we see the underlying strength of the economy, especially in southern European countries.

I want the whole of Europe to have one currency; it will make trading much easier.

The Treasury Department has a critical role to play in helping to set the direction of a U.S. and global economy, a role that reaches back to America's founding.

It's in our interests that the euro is a successful, strong currency.

One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.

While it was an experiment to bring them together, nothing has divided Europe as much as the euro.

Eventually, the economy will work well when you reduce subsidies. People have got used to getting some handouts from governments.

There is nobody who would want, in any way, to lose what Paul Volcker won for the American people by fighting inflation and achieving price stability.

The emphasis so far on fiscal austerity, while to a degree necessary for the countries facing market funding difficulties, is excessive when carried out across the board.