There's no mincing of words from ECB member Christian Noyer, who says a Greek debt restructuring...

|By:, SA News Editor

There's no mincing of words from ECB member Christian Noyer, who says a Greek debt restructuring would be a 'horror scenario' forcing a collapse of the Greek economy. Greek gov't debt would then no longer be eligible as ECB collateral, and the EU-IMF bailout mechanism would be frozen.