"They're clearly concerned with what restructuring or what type of debt renegotiation, will mean for them and their companies."

VOA: standard.2009.12.02

This broke a taboo on the restructuring of debt to multilateral agencies, and set up a framework for systematic debt reduction in return for overdue economic house-cleaning.

ECONOMIST: For this relief, some thanks

Greece was also in the spotlight, as European Central Bank executive board member Joerg Asmussen said the central bank won't take part in any potential debt restructuring of the debt-laden country.

WSJ: European Markets Rattled

It would be far better to recognise reality and start an orderly restructuring of Greek debt now.

ECONOMIST: Greece's debt crisis