3 ms·
Paying me, but not on the originally agreed upon schedule, is still a default. What's wrong about calling it one?
by pkteison 15y ago
Paying me, but not on the originally agreed upon schedule, is still a default. What's wrong about calling it one?
- jeffreymcmanus 15y agoFor the same reason that clipping my fingernail isn't the same as severing my finger.
- vladd 15y agoIt's not written anywhere that they won't pay upon the agreed schedule. Debtors have "an option" to gain additional guarantees at an additional cost. For debtors that don't enter into such additional contracts, Greece made all the payments up to date.