Yes. My answer was assuming that Greece never took up Euro in the first place. In that case, it would probably issue debt in Drachmas (although not all countrie

Yes. My answer was assuming that Greece never took up Euro in the first place. In that case, it would probably issue debt in Drachmas (although not all countries do - e.g. Argentina issued it's debt in USD under NY jurisdiction, because having defaulted so many times, it couldn't sell bonds in Pesos under its own jurisdiction).