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Under the terms of the bailout, Laiki will be restructured, with its guaranteed deposits transferred to the Bank of Cyprus.
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Darling has insisted the new lending will be on commercial terms and its existing loans book will be restructured in line with EU state aid rules.
According to the plans announced yesterday, the German military will be restructured into "intervention forces" with 35,000 troops for "high intensity" multinational operations, "stabilization forces" with 70,000 soldiers for "low to medium intensity" peacekeeping duties, and "support forces" for remaining operations and training.
Or maybe, just maybe, it will turn out as Ratner promises: the Nets will be restructured after next season, with the acquired draft picks and the kind of salary cap maneuverability Isiah Thomas and the Knicks would die for.
The division will be restructured to ensure our teams are aligned with the tech future state and it is proposed that 29 net positions be made redundant.
The corporation will be restructured by 2015 to bring it in line with other state-owned enterprises and to shift its focus away from non-core businesses.
But these will be restructured.
Only about $50 million in city obligations, mainly lease payments on buildings, will actually be restructured, with a net "present value" savings of around 40 percent.
There is a high likelihood that there will be restructuring of some sort at BarCap, with the risk of a more RBS-like restructuring.
Ultimately, many economists say, the sovereign debt of Greece and some other countries will have to be restructured, with their creditors accepting a discount on the debts' face value.
The reason is that any debt will likely be restructured, so net income is less important.
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