As far as I can tell, they went ahead and created the Solidarity Fund (that legislation did pass) which is meant to pool state assets (maybe even the Church's) and is to be used to issue emergency bonds to raise the money for the Troika.
Merkel already said no to that. The Eurozone already said no more debt. If this is part of Plan B, Plan B is dead. Unless the EU blinks and I think Merkel realizes it's too late to blink - it's already out in the public eye now.