ekathimerini.com reports that a Greek cabinet minister didn't read the loan agreement with the EU in 2010.
"Development Minister Michalis Chrysochoidis, who has declared he intends
to challenge for the PASOK leadership, said on Tuesday that when he was
part of the Cabinet in 2010 he did not read the terms of Greece's loan
agreement with the European Union and the International Monetary Fund."
Does it really matter if you don't read these agreements?
Well, the bondholders seem to think so.
Reuters reports:
"Hedge funds are combing
through the small print of Greece's planned rescue deal with
private creditors, readying a wave of potential litigation to
squeeze a better payout from the country."
Well then, you sow what you reap!
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