In Greek restructuring some institutions are more equal than others

[Owlet]

It is understandable that the ECB would be sitting on the sidelines of the Greek restructuring process. But a simple statement from the central bank could go a long way in advancing the stalled negotiations. Draghi needs to agree that the ECB and other public holders of Greek debt must be treated the same way as the private bond holders. The pressure on the ECB to participate in the restructuring is now coming from both sides of the negotiations as well as from the IMF.



http://soberlook.com/2012/02/in-greek-restructuring-some.html