The Conference further contends that the Council of Presidents concluded that the sum of three times the annual operating budget was fair and reasonable in light of the potential financial harm resulting from the withdrawal.
Greece's debts so outweigh its economy that it would need a further rescue before entering any mutualisation scheme though the sum involved is small on a continental scale.
With a further 26% receiving an amber warning that they faced a significant risk their policy would not deliver the target sum, some 3m-4m homeowners are likely to be affected.