Quotes They would like to Forget

26 April 2010
Greece Finance Minister George Papaconstantinou warned investors they will “lose their shirts” if they bet the cash-strapped nation will default.

10 March 2010
Greek Crisis Is Over, Rest of Region Safe, Prodi Says

10 March 2010
 “I don’t see any other case now in Europe. I don’t think there is any reason to think the euro system will collapse or will suffer greatly because of Greece.” - Former European Commission President Romano Prodi.

March 10th, 2010
 “We’re not asking for a bailout, we’re not asking for financial help from anyone. We are taking measures to put our economy on the right path.” – Greek PM

9 February 2010
 “The worst possible signal which we could send out is one calling for outside help”.
“We will tackle the deficit,”
--Greek FM

30 January 2010
“I don’t think that a bailout is the right way because German and French taxpayers can’t pay for Greece,” -- German Economy Minister Rainer Bruederle ruled out a rescue for Greece

30 January 2010
“Officials don’t even want to consider the option of a default.
French Finance Minister Christine Lagarde, also speaking in an interview at the World Economic Forum’s annual meeting.

29 January 2010
 “Greece will not default. In the euro area, default does not exist,” -- EU Monetary Affairs Commissioner Joaquin Almunia

6 January 2010
“We don’t expect to be bailed out by anybody as, I think, is perfectly clear we’re doing what needs to be done to bring the deficit down and control the public debt.
 “There is no Plan B. Greece will do what it takes on its own devices. There will be no need for any outside help.”
Greek Finance Minister George Papaconstantinou 

Hidden Transcript:
“We have lost a part of our sovereignty because of this loss of credibility We are determined to regain this lost credibility. We will do anything necessary.” – Greek PM