Quotes By Mario Monti

Europe has to avoid old prejudices and new ones. That means north versus south, rich versus poor.

What will growth policy have to look like in a fiscally compacted Europe? Clearly any illusion of budget stimulated growth policy will have to go away.

Growth in any individual European country has to be the result of policies for growth pursued in that country consistent with budgetary discipline.

There is no government in Europe where ministers go through that kind of confirmation process, which in fact is modeled on the way the U.S. cabinet members are confirmed.

I know this isn't a widespread view in the Anglo Saxon world, but I believe that much of the reconciliation between more centralized governance and the scope for democracy - democratic control - will be resolved through an even stronger role of the European Parliament.

The Italian economy has been held back for decades.

I understand that Italy could have been associated with the idea of an undisciplined country in the past.

That statement was not addressed to the authors of political statements. I said that I deplore attempts to misinform the public and to /trigger/ political intervention. And there were such attempts.

So I think democracy, in the long-term, in our countries will survive if it comes to be associated with leadership, will not survive if democracy plus media brings to us more and more followship rather than leadership.

All I am saying is I will be a senator - should there be any special circumstance where the political forces would believe that there might be a need for my service, I would consider it.

I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was rarely meant to be one.

I have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.

As to the question of elected or not elected, each member of the European Commission has been appointed jointly by the governments of the 15 member states, and undergone individual scrutiny and a vote of confidence from the European Parliament.

Italy needed structural reforms to become more competitive.

I don't believe we're seeing the beginning of a divergence. We have seen a partial divergence on this case.

I hope that my government can help change Italian mentality.

Italy has piled up huge public debt because the successive governments were too close to the life of ordinary citizens, too willing to please the requests of everybody, thereby acting against the interests of future generations.

Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on the nationality of the companies. This is exactly what the U.S. antitrust agencies, the Justice Department and the FTC, do.

It is very unusual for a country to ask guys who are not politicians to come and run the country.

Try to guess my answer to that question, however temptingly you pose it.

I believe that in Europe, we have a collective leadership.

In the area of macroeconomic policies, I think we'll see more centralization, like in the budgetary sphere.

I believe that reforms will not really take hold if they do not gradually come into the culture of the people.

There was in Italy a hidden demand for a boring government which would try to tell the truth in non-political jargon.

A lot of the American press at the time was saying 'just watch what happens when Bertelsmann tries to buy EMI, that will be a moment of truth that will show the Commission's true colors.' Well, that deal never happened either.

If governments let themselves be fully bound by the decisions of their parliaments without protecting their own freedom to act, a breakup of Europe would be a more probable outcome than deeper integration.

First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to austerity if it is not accompanied by other policies.

The two greatest priorities for my government are tackling tax evasion and corruption.

If the euro becomes a factor promoting Europe's drifting apart, then the foundation of the European project is destroyed.

This is certainly not the first case in which a merger approved in one place hasn't gone through in the other. There was a case last year where the merger between two EU companies was approved here and blocked in the U.S.