Comments on: Greece’s two-stage default A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: alea Tue, 11 Dec 2012 18:29:53 +0000 “That said, Greece might conceivably now have a nuclear option in its back pocket: the comments to Cotterill’s post are full of speculation that Greece might be able to find a way not to cancel the bonds its buying back.”

No nuclear option, Greece can’t vote on matters regarding its own bonds under the CACs rule, even if not cancelled.