Eurozone quotes:

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It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory. -- Vaclav Klaus
Many have wondered if Greece's economy would get so bad that it would eventually break away from the Eurozone - a move that could encourage other countries to follow and therefore splinter the currency union. -- Jens Nordvig
The Eurozone has clearly gone spectacularly wrong, pulling down all the continental economies. -- Timothy Garton Ash
To save the banks, you would have to turn the entire Eurozone into Greece. -- Michael Hudson
The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis. -- Anat R. Admati
Whatever new arrangements are enacted for the Eurozone, they must work fairly for those inside it and out. -- David Cameron
Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy. -- Michael Hudson
Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the Eurozone. -- Michael Hudson
The European Union that emerges from the Eurozone crisis is going to be a very different body. It will be transformed perhaps beyond recognition by the measures needed to save the Eurozone. -- David Cameron
Then, the specialists themselves, probably believe that in the course of EU expansion, for example, some elements concerning the readiness of some economies to enter the Eurozone have not been taken into account. -- Vladimir Putin
I believe the ones who stand up for what we say, which is stay inside the Eurozone, try to fix some things in the memorandum and try to help Greece get out of this mess without leaving the Eurozone, without leaving Europe. -- Eva Kaili
More cuts were needed to avoid exiting the eurozone. -- Lucas Papademos
We must break up the eurozone. We must set those Mediterranean countries free. -- Nigel Farage
The Greek people today voted for Greece to remain on its European path and in the eurozone. -- Antonis Samaras
Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone. -- Lucas Papademos
Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone. -- Lucas Papademos
A Syriza government will respect Greece's obligation as a eurozone member to maintain a balanced budget and will commit to quantitative targets. -- Alexis Tsipras
The goal of the government is to guarantee the place of Greece in the eurozone against those who want to undermine it. -- Yiannis Stournaras
The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity. -- Lucas Papademos
We're very proud to be part of the eurozone. But this comes with obligations and it is crucial we show the world we can live up to those obligations. -- George Papandreou
We are near, very near, to an end to the eurozone crisis... The worst - in the sense of the fear of the eurozone breaking up - is over. But the best isn't there yet. -- Francois Hollande
Britain is not in the single currency, and we're not going to be. But we all need the eurozone to have the right governance and structures to secure a successful currency for the long term. -- David Cameron
I can confirm that Poland should become a eurozone country, and not just because of the treaties that have been signed, but because I consider it of strategic interest both for Poland and the E.U. -- Donald Tusk
We all have our problems and we are working to find a solution to ours and also to help the eurozone. We expect that other countries should do the same, that they be prudent in their statements. -- Mariano Rajoy
I thank all of those deputies who supported the government and gave it a vote of confidence. I believe each of those votes represents a responsible decision to avoid placing our country's membership of the eurozone in danger. -- Lucas Papademos
Berlin has traditionally backed a rules-based eurozone in which every member state is responsible for its own finances, including bank bailouts, with political union limited to a fiscal overlord's possessing veto power over national budgets that violate the rules. -- Yanis Varoufakis
Bankruptocracy is as much a European predicament as it is an American 'invention.' The difference between the experience of the two continents is that at least Americans did not have to labour under the enormous design faults of the eurozone. -- Yanis Varoufakis
For some reason, lots of terrible things start here and then spread. The Cold War was one. It didn't start in Berlin - it started in Athens in December 1944; the contagion in the eurozone started here in 2010. We are perfectly capable as Europeans of messing things up unnecessarily. -- Yanis Varoufakis
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits. -- Alan Greenspan
If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion. -- Peer Steinbruck
TPP is dead anyway, and similar deals in the eurozone are going nowhere. -- Gary Shilling
We believe that what they call "Grexit" [a Greek exit from the eurozone] is not an option for us. -- Antonis Samaras
Anyone who toys with the idea of cutting off bits of the eurozone hoping the rest will survive is playing with fire. -- Yanis Varoufakis
While holding the eurozone together will be costly and difficult and painful for the politicians, breaking it up will be even more costly and more difficult, -- Barry Eichengreen
Very serious mistakes were made by previous governments, and Greece was ready to be abandoned by its partners and to leave the eurozone, which would have created total catastrophe. -- Antonis Samaras

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