Euro Area Quotes

Two decisions have damaged the stability both of the euro and of Europe: the premature admission of Greece to the euro area and the breach and subsequent weakening of the stability and growth pact.

As we leave the E.U., the U.K. can turn its back on the austerity policies that have been the hallmark of the euro area.

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area.

By the way, the European Union Member States together - even the euro area Member States together - are by far the biggest contributors to the IMF.

If people do not believe in Europe and in the euro area, it must be dismantled.

By 2007, an uncompetitive, bloated, over-borrowed and distorted Irish economy had been left at the mercy of subsequent international events without the safeguards, institutions, and mindset needed to survive and prosper as a small open economy inside the euro area.

Euro was created by Germany, for Germany.

I am personally convinced - and I think the Greek people share this belief in a fundamental way - that we can achieve fiscal consolidation more effectively and we can restore competitiveness in a more fundamental and permanent way within the euro area than outside.

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.

If we are going to approach the euro area as a zone with a harsh line in the middle between AAA and non-AAA, between the north and the south, no way are we going to move forward.

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

The euro area must not be treated as an 'opt out' from the European Union.