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 Finding a purpose for family wealth during uncertainty Porto Montenegro: Adriatic Elegance Tailored to You Family office gold rush in Hong Kong Related Awards & Events The Spear’s Awards 2024 Awards & Events Spear’s 500 Live 2024: the highlights Awards & Events Why ‘yes, but’ is the story behind our economic outlook Spear's