Much longer, because some euro area countries will see a significant increase in their level of indebtedness., If you look at the levels that the euro area countries are going to take on, we are talking today of around 19% of GDP. So this debt repayment must necessarily take a long time.
It’s normal..  Is it totally unthinkable and inconceivable to have a global measure to cancel these debts? To me it seems totally unthinkable. First, this is not the time to be asking about cancellation. Right now we are concentrating on keeping the economy in a fit state to function once things improve.