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"Its bankers"?

Really, in order to have a discussion, we need to begin from a basic set of facts, such as... 85% of Greek debt is held by foreign banks.

by Upstate NY on Tue May 25th, 2010 at 06:12:24 PM EST
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Which is an argument for default.  Greece should just refuse to pay its bankers, like hundreds of countries have done before, mostly with little negative consequences.
by santiago on Wed May 26th, 2010 at 11:56:52 AM EST
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Many have argued that. But, of course, Greek politicians must really care about EU solidarity and remaining in the euro.
by Upstate NY on Wed May 26th, 2010 at 12:32:10 PM EST
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EU what!?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Carrie (migeru at eurotrib dot com) on Wed May 26th, 2010 at 12:35:14 PM EST
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