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"In our opinion, Greece's retroactive insertion of CACs materially changes the original terms of the affected debt and constitutes the launch of what we consider to be a distressed debt restructuring," read S&P's post-market release.
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This is not retroactive.
It can be retroactive.
Presumably these appointments were retroactive.
It's called Insertion.
Is it retroactive?
Retroactive payments prohibited.
§ 17.129 Retroactive payments prohibited.
§ 5.25 - for retroactive license.
* Retroactive malpractice payments.
It would be retroactive.
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CEO of Professional Science Editing for Scientists @ prosciediting.com