As investors across the world wait for the second Greek bond auction of the year, the rest of Europe is going out of its way to distance their own problems from those facing the government in Athens.
With speculation about when the Greeks will go back to the market to raise money, the country's Public Debt Management Office was forced to release a statement claiming it was not already soliciting funds despite calling on one bank for advice on market conditions.
The unnamed bank in question would be forgiven for asking the Greek government one simple question: who is backstopping your debt sale? There are signs that demand for any Greek debt is high on the assumption that any offering will enjoy implicit backing from Berlin.
Unfortunately, with uncertainty surrounding the size of any support or bailout for Greece high, Athens is rightly nervous about dipping its toe into the market for a debt sale that could set the tone for its exit from crisis - or not.
As investors await further clarity on the bond auction, others were telling the market the UK is not Greece mark two.
Maturity Is the Key
Mervyn King, the governor of the Bank of England says Britain is not in the same situation as Greece. Admittedly the UK, while highly indebted and forecast to run significant budget deficit this year, is in a weak position.
In its favor though are two factors. One is the fall of the pound over the last two years, which King believes has been a massive boost to Britain's competitiveness as an exporter.