[Ignitionnet]

Just you.

Of course there was no intention of paying it back. I rather hope they do default, perhaps once the bond holders have been appropriately stung they'll think twice before lending to a corrupt, unproductive country incapable of collecting taxes that has an average retirement age of 53 and pays the civil service 14 months salary each year.

As far as the Greeks go they think this austerity is bad they default and they'll actually have to start living within their means and paying as they go, even Ocean Finance would think twice before lending to them after that.

Perhaps also the EU will think twice before throwing their tax payers money around in an attempt to get their European super state. Greece should never have been allowed near a monetary union with France and Germany, the economies are not compatible any more than Ireland's is, and monetary policies being run for the benefit of Germany have harmed peripheral economies quite obviously.

Not that it matters of course, the Lib Dems will still be telling us Europe is fabulous and we should join the Euro and Cameron will continue parroting the pro-Europe line.