Famous quote by Lucas Papademos

Mobile Desktop
Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement o
Like

"Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives"

- Lucas Papademos

About this Quote

This quote by Lucas Papademos is stressing the significance of federal governments taking obligation for their own financial and policy objectives. He is suggesting that governments must not count on the European Central Bank (ECB) to supply them with financing without taking the essential steps to achieve their own objectives. This suggests that governments ought to not anticipate the ECB to supply them with funding without taking the necessary actions to achieve their own goals. He is also recommending that governments ought to not assume that the ECB will always be willing to supply them with financing without taking the needed actions to attain their own objectives. This quote is a reminder that governments ought to take duty for their own financial and policy objectives and not count on the ECB to provide them with financing without taking the needed steps to accomplish their own goals.

About the Author

Lucas Papademos This quote is written / told by Lucas Papademos somewhere between October 11, 1947 and today. He was a famous Politician from Greece. The author also have 29 other quotes.

Go to author profile