Government braces for selective default

08:43 19/7/2011 - Πηγή: Taxalia

Cabinet debates how to handle debt event as Venizelos accuses Samaras of misleading votersFor the first time since Greece’s credit crisis began, the Cabinet met on Thursday to discuss how the government would manage the public impact of a selective default on its debt, a development which now seems inevitable.Prime Minister George Papandreou told his ministers that they have to be properly