Yiannis Stournaras Quotes

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.

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

There is no legislative change that can be made to make up for an economy that's not growing and not expanding.

Instead of focusing on growing jobs and reigniting our economy, President Obama focused on growing government and tried to remake the United States into the image of the debt-laden countries of Europe. His approach has been more spending, more regulation, and higher taxes.

In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step.

Our first goal is to stop the recession and start with recovery.

To me, providing a new economic way forward is of utmost urgency and will be of foremost importance for the new DPP administration if I am elected.

President Obama started with a much weaker economy than I did. Listen to me now. No president, not me, not any of my predecessors, no one could have fully repaired all the damage that he found in just four years.

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

The American economy must be altered to put business back in the driver's seat. The correct role for finance is to support job creation.

The Netherlands has been severely hit by the debt crisis, and the solution is to lower taxes, get government finances in order, and make room for investment.

Only when we have economic growth can we push through fiscal reform.

I want to change Italy and get the economy back on track.

Public confidence in, and support for, the euro - and, indeed, the European Union - will ultimately be determined by how well we deliver on growth and jobs rather than on institutional wrangling and complex legal or technical negotiations.

We can restore E.U. growth through reducing regulation, strengthening governance, pushing ahead with free trade agreements and strengthening the single market.

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.

I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy.

If we don't get a grip on government spending, there will be no growth.

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.

I see nothing that points to a recession in Germany. But I see considerable long-term tasks ahead of us that have to do with markets regaining confidence in Europe and that have a lot to do with reducing debt.

When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.

It's a European Union of economic failure, of mass unemployment and of low growth.

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again.

We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place.