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 Abu Dhabi’s super-prime market: culture and lifestyle fuel rise as a global powerhouse Lagos Private Wealth Conference 2025: Shaping Africa’s Legacy of Prosperity From bold beginnings to global prestige: the legacy of Penfolds Bin 707 Related Awards & Events Philanthropy is a ‘forgotten child’ among UNHWs, warns UAE business envoy at Giving and Impact Summit Awards & Events Dan Neidle: The rich can still silence their critics with lies Awards & Events Forget product – luxury is now about privacy, trust and emotional value Spear's