Shane Ross: 'D' word is not so scary now
Published 24/07/2011 | 05:00
Who is afraid of a sovereign default?
"Not I," said the Greek. On Thursday, the dreaded D word was an ingredient in the potion to raise Greece from the grave.
"Not I," said the German, whose chancellor Angela Merkel decreed that some of the private holders of Greek debt would be victims of default.