"The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness"
About this Quote
The subtext is reassurance aimed outward as much as inward. "International competitiveness" signals the real audience: creditors, markets, EU partners, ratings agencies. It’s a pledge that Greece (Papademos’s central stage in the early 2010s) will behave like a disciplined member of the eurozone club, even if that discipline translates domestically into wage pressure, privatizations, and reduced public spending. "Determined" is the tell; it preemptively answers the suspicion that a democratic government might flinch when social costs rise.
Context matters because Papademos is not a retail politician selling a vision. He’s an economist-statesman, briefly prime minister during crisis, speaking the language of institutional trust. The sentence performs competence: long, procedural, impersonal. Nobody is named as benefiting; the public is treated as a set of indicators. That’s why it works rhetorically and why it rankles. It offers a moral narrative without moral vocabulary: prudence over indulgence, reform over stagnation. In a moment when sovereignty felt conditional, the line doubles as a quiet admission that governing has become, in part, meeting external benchmarks.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Papademos, Lucas. (2026, January 16). The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness. FixQuotes. https://fixquotes.com/quotes/the-government-is-determined-to-continue-the-87306/
Chicago Style
Papademos, Lucas. "The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-government-is-determined-to-continue-the-87306/.
MLA Style (9th ed.)
"The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-government-is-determined-to-continue-the-87306/. Accessed 10 Feb. 2026.







