Mario Draghi Quotes

It is a responsibility we perceive from the entire international community to protect the stability of the single currency as well as the European frame work.

Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.

The Greek people do not want to exit the euro. And I believe the Greek people already have shown that they have made major sacrifices to stay in the euro zone.

The goal of the government is to guarantee the place of Greece in the eurozone against those who want to undermine it.

Interest rates do not have to be identical across the whole euro area, but it is unacceptable if major differences arise from broken capital markets or concern about a euro area break-up.

Europe must dissipate any doubts over the euro, affirm that the euro is an irreversible project and act in consequence.

It is the entire euro zone system which is under threat at the moment, not just a few small countries anymore... Our euro is under threat. The changing situation needs a quick and immediate reaction.

There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.

The euro zone must strike for a better governance structure, and there is no alternative to that. Euro zone countries must either develop an exit mechanism for troubled members, or it should embrace a closer political union: an effective governance structure that is capable of enforcing rules.

We are near, very near, to an end to the eurozone crisis... The worst - in the sense of the fear of the eurozone breaking up - is over. But the best isn't there yet.

The Europeans governments have massively changed the landscape in Europe. There is no doubt about it. They have put together the European Financial Stability Fund. They have discussed and approved the European Stability Mechanism.

We must break up the eurozone. We must set those Mediterranean countries free.

The battle of the euro is being fought right now in Spain and Italy. The future of the euro is at stake in the next weeks.

In the end, the politics of the euro zone weren't strong enough to create a fully integrated fiscal union with a common banking system, etc.

I can understand countries don't want to join the euro, but they cannot impede the consolidation and strengthening of the eurozone.

I would say that fears of the euro area breaking up are unfounded.

The most important thing is to defend the euro.

Greece has to stay in the euro.

Germany cannot get out of the euro. What it has to do, therefore, is make the economy more flexible - to eliminate the restrictions on prices, on wages and on employment; in short, the regulations that keep 10 percent of the German workforce unemployed.

I am sure the euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisis and new instruments will be created.

Italy may well be the main problem. It has benefited most from the euro by having been able to get the euro interest rate instead of what otherwise would have been its own. That would be much higher because Italy has been accumulating so much debt. In the past, Italy has inflated away its debt. The virtue of the euro is that Italy can't do it alone. A tight ECB policy wouldn't permit that to happen again.

We will do whatever we could do to keep Greece inside the euro and inside Europe.

For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through default.

Italy even in the future will not need aid from the European Financial Stability Fund.

We made a decision that monetary policy will be made by an independent European Central Bank.