Jose Manuel Barroso Quotes


Most important downside risks to the economy are political


Context

This was a surprising answer because most people would then have named terrorism, labor strikes, banking excess risk in investment, sufficient labor supply, weather (global warming) or bubbles. But most of the large companies and investors told him that they most worry about political bickering, gridlock, irrational law making, regulation, taxation and other factors which, to a great extent, are under the control of the politicians.


Citations

Jose Manuel Barroso, Chairman, European Commission, Prime Minister of Portugal, Explanation of what risks prospective business investors most fear, Interview, PBS The Charlie Rose Show, September 25, 2013

Sourced by: Eigen's Political and Historical Quotations

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Jose Manuel Barroso
Jose Manuel Barroso
  • Born: March 23, 1956
  • Nationality: Portuguese
  • Profession: Politician

José Manuel Durão Barroso is a Portuguese politician and university teacher, currently serving as non-executive Chairman of Goldman Sachs International. He previously served as the 11th President of the European Commission and the 115th Prime Minister of Portugal.