Ewald Nowotny Browse All Authors Top 11 quotes by Ewald Nowotny The eastern Europe competence will definitely stay in Austria, these experts are not so easy to find somewhere else. Ewald Nowotny company-news It's especially dangerous to say that we have to have radical change otherwise everything will die, we know we will not have radical change in the near future... So the logic would be that Europe would have to collapse. Ewald Nowotny top-news It's certainly a risk for the global economy overall (but) the impact on the euro zone should be relatively small, it is more of a problem that the emerging markets show a significantly subdued dynamic. Ewald Nowotny energy For the immediate future we'll have to face a development of lower prices, particularly oil prices. Ewald Nowotny energy As you can't see this in isolation, rather this (devaluation) has an impact on other countries so that it can lead to a certain disquiet in an important part of the global economy, namely in southeast Asian countries. Ewald Nowotny energy Whether it's possible is something that has to be discussed. Ewald Nowotny top-news There is always a lot of noise in such a situation and I think the important point is to distinguish the noise from the facts, for us, it is quite clear that we have certain conditions to be met. The one condition is ... whether we can accept for instance Greek assets, Greek bonds, as collateral. The answer is, for the time being: No. Ewald Nowotny business I know there had been some ideas floating around that we might give some kind of interim financing just like that. I don't see any legal possibility for that. Ewald Nowotny business Historically, we have had a situation already when there had been parity, so it would not be something unheard of, but it's very difficult to make forecasts, it's not part of our goals. We would observe it (but) it would not have any major, direct reactions on that. This is market driven, so let's see how the markets react. Ewald Nowotny business It (a Greek exit) does not have that impact or potential impact on the euro zone as it would have had ... some two years ago. I really don't see a contagion in the financial and economic sense. Ewald Nowotny business Time is running out. Ewald Nowotny business
