ECB is digging in its heals by stating that almost any form of restructuring of Greek debt High Street Networking

13 June 2011, 18:09 ECB is digging in its heals by stating that almost any form of restructuring of Greek debt

As nerves and tempers fray in Berlin and Frankfurt over conditions applied by the German Parliament for new loans to Greece, both the German government and the European Central Bank realize that the big loser from the skirmishing will be overall public trust in the European monetary project . Wolfgang Sch