What Happens After a Greek Default

A Greek default has already occurred in the eyes of investors, even though it technically hasn’t happened yet. The market is now forcing European leaders to quickly decide how they want the rest of the sovereign debt crisis to play out. While the technical default

A Greek default has already occurred in the eyes of investors, even though it technically hasn＇t happened yet. The market is now forcing European leaders to quickly decide how they want the rest of the sovereign debt crisis to play out. While the technical default of Greece--inevitable as it is--took around 18 months, similar defaults in other peripheral eurozone members will probably come much faster.