kaya'08
DP Veteran
- Joined
- Nov 25, 2008
- Messages
- 6,363
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- Location
- British Turk
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- Political Leaning
- Centrist
Tens of thousands protest outside Greek parliament - Hurriyet Daily News and Economic Review
I dont think the Greek public understands that by not paying its creditors it will be virtually black listed on the bond market...which means Greece will not be able to meet its expenses requirements and be even worse off.
Sure they basically ARE black listed anyway but this will cause irreperable damage to Greece and its relationship with creditors if that where to happen.
Tens of thousands of protesters angry about the government's austerity policies demanded Sunday that the heavily indebted country stop paying its creditors.
I dont think the Greek public understands that by not paying its creditors it will be virtually black listed on the bond market...which means Greece will not be able to meet its expenses requirements and be even worse off.
Sure they basically ARE black listed anyway but this will cause irreperable damage to Greece and its relationship with creditors if that where to happen.