We won't make the weak stronger by making the strong weaker, as a very wise man once said. That applies to the economy as well. If Germany were less competitive, the euro area as a whole would lose, because less could be produced then.
Mario DraghiThere is no better protection against the euro crisis than successful structural reforms in southern Europe.
Mario DraghiIf we do not resolve the euro crisis, we will all pay the price. And if we do resolve it, we will all benefit, particularly German taxpayers and savers.
Mario DraghiWithin our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.
Mario Draghi