It’s not surprising that there are different views, as there is so much uncertainty. At this point it’s a discussion about risk management and how to hedge against risk. These are measures, if the scenario of the Commission, the ECB and the ESM is the right one, that Greece will never have to implement.
On debt, the uncertainty is even greater, as we are talking about what happens after 2018 and in the longer term. The debt sustainability analysis will hinge on assumptions about long-term growth, primary surpluses, and interest rates. On this basis, I expect debt measures to be needed to address risks to debt sustainability. When will this go back to the Eurogroup?