Awards & Events July 14, 2010updated 08 Jan 2016 5:46pm Why Greece Should Default By Spear's 14 July LSE Website Going back to Philip II of Spain in the 16th century, government debt defaults need not be disastrous as long as they accept the reality of their situation. The main problem with Greece is not the prospect of default but the fa… Content from our partners How Guernsey’s private trustee structures can protect assets Luštica Bay: The Adriatic’s most coveted address AI, growth and public policy: What is the future for Britain? Related Awards & Events Spear’s Award finalist Alex Evagora on his work ethic and having no ego Awards & Events Spear’s 500 Live returns for 2025 Awards & Events James Reed wins the Spear’s Impact Award in Association with Clinic Les Alpes Spear's