EUROZONE: Restructuring Greek Debt Moves From Doubtful To Likely.

NYTIMES/ ANALYSIS/       "Only a few weeks ago, the idea that Greece might restructure its debt seemed like the nuclear option. Now restructuring — a polite alternative to outright “default” — is not only thinkable, but even likely. And one way or another, many economists say, bondholders are expected to bear some of the burden."