Wieser: 100-installment debt settlement an 'unfortunate choice'

Objections on the 100-installment debt settlement were expressed by Euroworking Group president Thomas Wieser on Sunday. Wieser said that the plan is an "unfortunate choice". He links the settlement with the liquidity problem claiming that "the policies that secure primary surplus also secure and liquidity for the government. Consequently, it reduces the need for external financing."

Asked whether capital control would have been imposed in case there was no agreement at the Eurogroup, or if a Grexit scenario existed, Wieser said that he believes public opinion "had underestimated the common will for cooperation and trust".