Pieter Cleppe

facebook_page
twitter_page

Last quote by Pieter Cleppe

They fail to see that actually the problems that have emerged in the euro zone are not due to budgetary policy; they are due to monetary policy, due to the fact that it is very hard to have a single monetary policy for the whole of the euro zone. When Germany was growing very slowly, Spain and Ireland were growing very fast, and then to keep interest rate low is very damaging for the last two countries.feedback
share this quote
Aug 17 2011
Pieter Cleppe has most recently been quoted in an article called Saving the euro - Sarkozy and Merkel style. Pieter Cleppe said, “They fail to see that actually the problems that have emerged in the euro zone are not due to budgetary policy; they are due to monetary policy, due to the fact that it is very hard to have a single monetary policy for the whole of the euro zone. When Germany was growing very slowly, Spain and Ireland were growing very fast, and then to keep interest rate low is very damaging for the last two countries.”.
Automatically powered by Storyzy
Take our quote verification challenge and find out !
<
>
Quote Verifier
verify-icon
Check if the quote you read on social networks is authentic
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :