I turn now to the two messages I promised earlier. Message #1: Firstly, a permanent return to international capital markets and a drastic drop in the cost of sovereign borrowing, comparable to that of Portugal are within reach, after the timely completion of the Third Adjustment Programme in August next year, subject to one or two 7/8  BIS central bankers' speeches  preconditions.
There is so much liquidity out there and the hunt for yield never stops. Greece can offer right now government bonds with high yields and safety. May I also remind you that fourfifths (4/5) of Greece’s public debt now lies in the hands of the official sector, with a very low cost of servicing (1-1.5%), with long maturities and indeed long-deferred amortisation payments.