Quotes of the Day

Greece's Prime Minister George Papandreou, in the center, and lawmakers applaud after winning a vote of confidence during a parliament session in Athens June 21, 2011.
Wednesday, Jun. 22, 2011

Open quoteWe've just avoided a major immediate negative shock. There's a need for something to change in Greece and ultimately for a restructuring to happen the need is still there.Close quote

  • DAVID MANN,
  • Regional Head of Research at Standard Chartered, New York, reflecting on the Greek government's narrow survival of a no-confidence vote
Photo: Yiorgos Karahalis / Reuters | Source: REUTERS