Greece’s Debt and Who’s on the Hook in a Default
That somebody is Greece, and most signals are pointing to a dine-and-dash.
The Economist is calling a Grexit “almost inevitable”, even as Alexis Tsipras seeks an interim deal today with Germany’s Merkel in Riga. It’s becoming less of a matter of “if” Greece defaults on its debt, but more a matter of “when”.
The real question is what happens if such a default occurs. This previous infographic goes into the possibilities and it is not pretty.
Who hurts the most if Greece defaults? Bloomberg’s economist Maxime Sbaihi has a great breakdown that looks at exposure to Greek debt by its individual creditors as a percentage of GDP and in total euros.
The post Greece’s Debt and Who’s on the Hook in a Default [Chart] appeared first on Visual Capitalist.
