Welcome address by Bank of Greece Governor Yannis
Stournaras at a formal dinner in honour of Jean-Claude Juncker,
former President of the European Commission and former Prime
Minister of Luxembourg
18/05/2022 - Speeches
on the occasion of his election as honorary member of the Academy of Athens.
It is a great pleasure and privilege for the Bank of Greece to welcome President Jean-Claude Juncker,
on the occasion of his election as honorary member of the Academy of Athens.
We welcome a great European statesman and a great friend of Greece. A man who has contributed so
much to Greece staying in the Eurozone in 2012 and 2015, as I have witnessed first-hand in these
difficult years, first as Minister of Finance and then as Governor of the Bank of Greece.
A statesman who, during his long years of service in senior government positions both in Luxembourg
and at European institutions, proved to be one of the staunchest champions of European integration
and one of the strongest leaders who handled successfully the crises that the Eurozone faced over the
last several years. A visionary leader who contributed enormously to the creation of our common
currency, the euro, who strongly believed in it since its inception and fought hard to ensure its stability
throughout these years.
Born in Luxembourg, a country in the heart of Europe, our dearest Jean-Claude realised at a young
age that the future of Europe lies in the close cooperation of its member-states and mainly in the
gradual integration of national policies and rules. Having left his mark on his country's politics, he rose
to top positions in the European Union and, in this capacity, worked hard on European integration. He is
one of the great Europeanists, following in the footsteps of Helmut Kohl and François Mitterrand, with
his firm conviction that European integration is the only way forward and that this path is irreversible.
President Juncker was one of the most consistent and influential advocates that Greece could solve its
fiscal problems within the Eurozone, rather than outside, as some sadly wanted at the time. He strongly
resisted the idea that Greece should be sacrificed like Iphigenia to allow the fleet to sail. This was due
not only to his expressed love for Greece and its heavy cultural heritage, but mainly to his strong belief
in the European values and in the basic principle of keeping the Eurozone together.
He fervently defended Greece's place in the European family, by deeply understanding and recognising
the efforts that the Greek people had made to preserve the country's hard-won place. I believe this is
his greatest contribution, as far as we Greeks are concerned. We owe him a lot.
Last, but not least, I want to thank Prime Minister Kyriakos Mitsotakis, who came here tonight almost
directly from his flight back to Greece from his trip to the United States, in order to honour our guest,
President Jean Claude Juncker.
Thank you.