Greece has agreed to consider that the new bonds be governed by English law, which means creditors would be allowed to seize Greek assets if the country fails on its payments.
What Greek assets? Those Greek assets inside the country who loaned the money to Greece? Or do you get to pick some Greek owned Islands as new territory for the loaning country. Or both?- Tom
2 posted on 01/16/2012 3:49:20 PM PST by Capt. Tom