One needs a complex package of policies and, as we always stress, structural reforms come first, because many of the problems of the euro area are structural. And I'm sure that's also the biggest fear for the Governing Council as a whole. We discussed the possibility of negative deposit rates, but our objective is maintaining price stability.
Mario DraghiRelated topics
area complex council deposit fear governing maintaining needs negative objective package possibility price stability stress structural sure euro ratesRelated quotes
My objective is that before the end of the millennium Europe should have a true federation. The Commission should become a political executive which can define essential common interests...responsible before the European Parliament and before the nation-states represented how you will, by the European Council or by a second chamber of national parliaments.
Jacques Delors
The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.
Mark Skousen
Nothing so evil as money ever grew to be current among men. This lays cities low, this drives men from their homes, this trains and warps honest souls till they set themselves to works of shame; this still teaches folk to practise villainies, and to know every godless deed. But all the men who wrought this thing for hire have made it sure that, soon or late, they shall pay the price.
Sophocles
We are concerned with similar states of consciousness and relationship to the world... If previous abstractions paralleled the scientific and objective preoccupations of our times, ours are finding a pictorial equivalent for man's new knowledge and consciousness of his more complex inner self.
Mark Rothko
The sad truth is that man's real life consists of a complex of inexorable opposites - day and night, birth and death, happiness and misery, good and evil. We are not even sure that one will prevail against the other, that good will overcome evil, or joy defeat pain. Life is a battleground. It always has been and always will be; and if it were not so, existence would come to an end.
Carl Jung
