The head of the Organization for Economic Cooperation and Development (OECD) Angel Gurria estimated that Greece will come to an agreement with its international creditors, which will ensure the country’s Eurozone membership, since the price of failure is too high.

Mr. Gurria, who spoke to the Bloomberg news agency, argued that “there are too many people who have a lot at stake who are very important and very smart, and everybody wants a deal”.

Everybody has constraints” he noted, before adding that “the secret is to what extent does every one of the parties understand the others’ constraints, and how can you accommodate that”. The OECD concluded that “I don’t see anybody leaving the euro, I see more people wanting to join the euro”.