[btilly]

No. However Fitch put a "default" rating on Greek bonds, and there were headlines declaring a default.

The trick is that private parties are supposed to "voluntarily" forgive Greek debts. But they are negotiating with a gun to their head. And one way or another Greece won't be paying what it says it owes.

So some people call it a default. Others don't. But it is a pretty fine distinction either way.