Pierre Defraigne Madariaga

This page is completely dedicated to what Pierre Defraigne Madariaga has to say. All of Pierre Defraigne Madariaga’s quotes are organized here by date and topic. The most recent quote attributed to Pierre Defraigne Madariaga came from an article called Europe's revamped bailout fund tops finance talks: “We need more leverage, there's no doubt we need to strengthen the 440 billion. It would also be a serious error to just rely on the ECB to do this job. This also allows politicians to escape what is really a financial responsibility. That is, to transform this monetary union into a budgetary union with the fiscal resources that could completely disarm the lack of trust in the markets.”.

Pierre Defraigne Madariaga quotes

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We need more leverage, there's no doubt we need to strengthen the 440 billion. It would also be a serious error to just rely on the ECB to do this job. This also allows politicians to escape what is really a financial responsibility. That is, to transform this monetary union into a budgetary union with the fiscal resources that could completely disarm the lack of trust in the markets.

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