3 yr greek debt

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1. is going hyperbolic

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2. From a marketwatch article today.
   Trichet, at his monthly news conference, said default is “not an issue” for Greece. He also warned against taking “lightly” a “very, very serious commitment” by euro-zone leaders to shore up Greece through a joint European-International Monetary Fund standby aid plan if Athens finds itself unable to meet its financing needs. Read about Trichet’s news conference.

   The remarks could be taken as a signal that authorities will back Greece when forced to do so, said Jim Reid, strategist at Deutsche Bank.

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   1. It seems to me that there has been somewhat of a disconnect between Trichet and Germany. Are there mixed signals, or am I reading things in?

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