sovereign default oor Indonesies

sovereign default

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A national or sovereign default is the failure or refusal of a government to repay its national debt.
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MIAMI – When it comes to sovereign debt, the term “default” is often misunderstood.
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The World Bank’s projections assume that efforts by the IMF and European institutions will stave off a default or major European sovereign debt restructuring.
Tidak, tidak, tidak!worldbank.org worldbank.org
A few days later Standard & Poor's slashed Greece's sovereign debt rating to BB+ or "junk" status amid fears of default, in which case investors were liable to lose 30–50% of their money.
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