Jeroen Dijsselbloem Quotes

Jeroen Dijsselbloem — Dutch Politician born on March 29, 1966,

Jeroen René Victor Anton Dijsselbloem is a Dutch politician of the Labour Party. He has been the Minister of Finance in the Second Rutte cabinet since 5 November 2012, the president of the Eurogroup since 21 January 2013, and president of the Board of Governors of the European Stability Mechanism since 11 February 2013... (wikipedia)

As a minister, you shouldn't imagine you know better than the technical experts in your ministry. In the end you're there to apply the political stamp of approval.

Banks should contribute to the real economy, make a positive contribution to economic growth.

Macroeconomic adjustment programmes are tailor-made to the situation of the country concerned and no models or templates are used.

Taking away the risk from the financial sector and taking it on to the public shoulders is not the right approach.

If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?'. If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.

Jeroen Dijsselbloem Quotes

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