Tsardanidis je upozorio da bi, ukoliko dovoljan broj povjerilaca ne pristane da dobrovoljno učestvuje u otpisu dugova, "Grčka mogla to dobrovoljno uvesti i da bi to automatski izazvalo stanje platne nesposobnosti.
Tsardanidis warned though that if not enough creditors agree to voluntarily take part in the write-down, "Greece could make it compulsory and that would automatically trigger a default.