European Investment Correspondent
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via MacroScope

Greek debt – remember the goats

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Greece’s creditors have essentially let it off the hook by overwhelmingly agreeing to take a 74 percent loss.  So what better time to  remember  one of the first times Athens got in trouble with paying its debts.

In 490 BC, the bucolic plains before the town of Marathon were the site of a bloodbath. Invading Persians  lost a key battle against Greeks, who were led by the great Athenian warrior Kallimachos, aka Callimachus.

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    • About Jeremy

      "Chief Desk Editor, Economics & Markets, based in London. Previously European Investment Correspondent, Bureau Chief for Greece and Cyprus in Athens and Senior Correspondent for the European Union in Brussels. Began career covering U.S. politics in Washington D.C."
      Joined Reuters:
      1990
      Languages:
      English, French, some Greek
      Awards:
      State Street Investment Correspondent of the Year, 2007
      Part of Emmy-nominated team for
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