Archived Piraeus bank CEO says Greek banks will not open Monday (telegraph.co.uk)
submitted ago by redikulous
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Archived on: 2/12/2017 1:51:00 AM
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Archived Piraeus bank CEO says Greek banks will not open Monday (telegraph.co.uk)
submitted ago by redikulous
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[–] ShinyVoater ago
Historically, sovereigns defaulted all the time(though more options were available to force them to pony up if they owed the wrong people). Debts aren't collected on pain of war anymore, but creditors have so many choices these days that a default generally means that you're not getting lent money until you've taken care of the people you owed.