"I am personally convinced - and I think the Greek people share this belief in a fundamental way - that we can achieve fiscal consolidation more effectively and we can restore competitiveness in a more fundamental and permanent way within the euro area than outside"

This quote by Lucas Papademos expresses his belief that Greece can attain financial debt consolidation and restore competitiveness more effectively within the euro area than outside of it. He believes that the Greek people share this belief in a basic way. This recommends that the Greek individuals favor remaining in the euro location and working to improve their financial circumstance within it. Papademos is positive that Greece can make the essential changes to end up being more competitive and financially stable within the euro area. He thinks that the euro location provides the very best opportunity for Greece to achieve its financial goals. This quote shows the importance of the euro area to Greece and its people.