Euclid Tsakalotos Quotes (7 quotes) | Quotes of famous people

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Famous Euclid Tsakalotos Quotes

“I made a decision that will burden me for the rest of my life. I don't know if we did the right thing, however I do know that we felt like we had no other choice but do what we did.”

Euclid Tsakalotos

" Greek finance minister: 'I don't know if we did the right thing' http://www.theguardian.com/business/video/2015/jul/16/greek-bailout-finance-minister-vote-video" (16 July 2015)

“The overall framework of the euro zone is in crisis — not from Syriza or the left, but because of the policies of austerity. Unless Europe moves in a more just and socially democratic direction, then it’s in danger.”

Euclid Tsakalotos

" Greek impasse forces early elections and fears of a return to euro crisis https://www.washingtonpost.com/world/europe/greek-impasse-forces-early-elections-and-fears-of-euro-crisis-return/2014/12/29/3be75924-8f4e-11e4-ba53-a477d66580ed_story.html" (29 December 2014)

“In any transition period there is a clash of realities. In the 1930s people considered the eventual solutions, at first, to be unrealistic. It’s the same this time round. At first, in the euro crisis there was to be no bailout. Then no buying of government debt. Then no QE. Each of these things have happened. Some things which are now seen as unrealistic will change with the political balance of forces.”

Euclid Tsakalotos

" Inside Syriza’s economic brain http://blogs.channel4.com/paul-mason-blog/Greece-syriza-election/2941" (20 January 2015)
Quoted during an interview, via Skype, between Tsakalotos and a number of other economists. Hosted at the London School of Economics.

“I cannot hide from you that I am quite nervous. I am not taking on this job at the easiest point in Greek history.”

Euclid Tsakalotos

" New Greek finance minister is a change of style, not substance http://uk.reuters.com/article/2015/07/06/eurozone-greece-minister-idUKL8N0ZM3VT20150706" (6 July 2015)

“It is a very tough agreement, with many thorns, and as for the question of who will implement it, that depends on who the Greek people trust to negotiate debt restructuring.”

Euclid Tsakalotos

" Fiery all-night debate in Greek parliament before bailout vote http://www.theguardian.com/world/video/2015/aug/14/greek-parliament-finance-minister-debate-bailout-vote-video" (14 August 2015)

“It takes Greece forward in the sense that the financial system should be much more stable from now onwards. There is a promise of recapitalization of the banks, without any of the depositors having to bail in or anything to worry about. The process of reversing the negative effects of capital controls will start very quickly and will speedily return the banks to where they were before, hopefully on a far firmer footing. Any deal is only as good as what you make of it. Let's hope the Greek people will be able to make the best of this deal.”

Euclid Tsakalotos

" Tsakalotos says bailout deal will take country forward http://www.ekathimerini.com/200582/article/ekathimerini/business/tsakalotos-says-bailout-deal-will-take-country-forward" (15 August 2015)

“It's a difficult deal, a deal for which only time will show if it is economically viable.”

Euclid Tsakalotos

" Reluctant Tsipras fights to pass reforms in Greek parliament http://www.investing.com/news/economy-news/reluctant-tsipras-fights-to-pass-reforms-in-greek-parliament-351286" (15 July 2015)