Voihan vee noita kreikkalaisia.

[historia toistaa itseään]

"1932 Default
In the early 1930s, many countries defaulted on sovereign debt obligations as the world economy contracted and entered what became known as the Great Depression. Greece imposed a moratorium on paying on its outstanding foreign debt in 1932. This default lasted until 1964, the longest of any of the country's five defaults. One interesting historical anecdote is that Eleftherios Venizelos was the Greek Prime Minster that defaulted on Greece's sovereign debt in 1932."

The History Of Greek Sovereign Debt Defaults

 

[maa joka ei maksa velkojansa]

Five Times
Greece has defaulted on its external sovereign debt obligations at least five previous times in the modern era (1826, 1843, 1860, 1894 and 1932). The first episode occurred in the early days of that country's war of independence, and the last default was during the Great Depression in the early 1930s. The combined length of period under which Greece was in default during the modern era totaled 90 years, or approximately 50% of the total period that the country has been independent. (For related reading, see Recession and Depression: They Aren't So Bad.)