Trichet: ECB has its own collateral framework

• Will continue to apply its own rules

Markets are concerned that the ECB may not accept Greek bonds after coerced rollover of Greek debt by private investors….

He repeats governments should avoid any compulsory restructuring ad that they should avoid a credit event.

Governments are responsible for their debts, not the ECB, he says.

It is not a working assumption that any government would leave the euro, Trichet adds.