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But he added that he regarded the restructuring as "a reality test for us".
Big business clearly saw deregulation and restructuring as a solution to business problems".
"We see a default or a forced debt restructuring as a likely outcome," it said.
MBIA had supported the restructuring as a means to help unfreeze municipal finance markets after the 2008 financial crisis.
Her father specialized in corporate restructuring as a managing director at Beacon Partners, a management consulting business in Stamford, Conn.
"I believe the government will use the next round of restructuring as a milestone for its restructuring drive".
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Some advocate a restructuring as soon as possible.
During roughly the same time, egg production in Iowa and the rest of the country was going through a rapid restructuring as well.
But he ruled out debt restructuring as an option, saying it would crush Greek households and lead to the collapse of the banking system.
Bairns chairman Doug Henderson has raised restructuring as an item for discussion at a meeting of Scottish Professional Football League clubs.
On May 4 Greek authorities confirmed that they contacted the investment bank Lazard for financial advice, but they categorically ruled out debt restructuring as an option under discussion.
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