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“With the euro, that form of pressure has gone.”
“The euro is bad for Europe. The euro is bad for the Netherlands, it’s especially bad because it is a stimulus for politicians to kill the Welfare State. I look forward to a European economy using multiple currencies. In the end that will be much better: it will make us more resistant to shocks and makes us less vulnerable to what is happening now.”
“ECB [European Central Bank] President Mario Draghi’s famous promise to do ‘whatever it takes’ to preserve the eurozone was a masterly move to buy time. But monetary policy cannot solve the currency union’s problems.”
Quotes via Wikiquote (CC BY-SA), each with its original source.
Euro am Sonntag is a weekly business and finance magazine published in Munich, Germany. It has been in circulation since 1998.
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