nochmals zu den event of default / Law 4050/12 ist ein trigger für event of default

Events of
Default:
If any of the following events (“Events of Default”) occurs:
(a) the Republic defaults in any payment of interest in respect of any of the
Bonds and such default is not cured by payment thereof within 30 days
from the due date for such payment; or
(b) the Republic defaults in the payment of principal in respect of any of the
Bonds when due at maturity or otherwise and such default is not cured by
payment thereof within seven days from the due date for such payment;
or
(c) the Republic is in default in the performance of any other covenant,
condition or provision set out in the Bonds and continues to be in default
for 30 days after written notice thereof shall have been given to the
Republic by the holder of any Bond; or

(d) any government order, decree or enactment shall be made whereby the

Republic is prevented from observing and performing in full its

obligations contained in the Bonds,

then the holder for the time being of any Bond may give notice in writing to the
Republic that such Bond is immediately due and payable whereupon such Bond
shall become immediately due and payable at its principal amount together with
accrued interest if any to the date of repayment unless prior to such time all Events
of Default in respect of the Bonds shall have been cured.