In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.

In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.
Lucas Papademos

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Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.
- Lucas Papademos
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My job will not be easy but I am convinced the problems will be solved in a quicker and more efficient way if there is unity and consensus.
- Lucas Papademos

In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness. Lucas Papademos

In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.
Lucas Papademos