This uncertainty has to be eliminated if we want to break free of the present crisis. Yet this uncertainty cannot be eliminated by repeatedly topping up the rescue fund. Instead, what we need are decisions which address the root causes of the crisis. Besides a swift and ambitious fiscal consolidation, I would highlight three main points.   We need clarity regarding Greece’s future.
Greece must fulfil the conditions of the aid programme; if it does not, there is no basis for granting further support. A Greek default – which most certainly no-one wishes to see – cannot therefore be categorically ruled out.   We need clarity regarding the banking sector’s resilience.