ECB restores bond waiver, lets Greek banks tap credit

``The European Central Bank has restored a key waiver that will let Greek banks tap emergency central bank credit, one step toward putting the country's financial institutions back on their feet. The decision announced Wednesday permits Greek government bonds to be used by banks as collateral to get cheap money from the ECB -- even though those bonds are rated too low under the usual rules.'' -- So it appears if Greece is being cut off from direct bailout payments, it can still get money through the back door....