Eurozone debt and the Greek tragedy

Dromeus hedge fund manager Jason Manolopoulos argues Greece's ‘odious' debt was incurred by politicians with a self-granted veil of impunity

Jason Manolopoulos is a hedge fund manager and author of Greece’s ‘Odious’ Debt: The looting of the Hellenic Republic by the Euro, the Political Elite and the Investment Community. He talks to Investment Week about the Greek tragedy. How do you define an ‘odious debt’ and why is it appropriate to use it in relation to Greece? In international law, odious debt is a legal theory that states any national debt incurred by a regime for purposes that do not best serve the interests of the nation should not be enforceable. Such debts are considered by this doctrine to be personal debts of the ...