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In all this mathematical euphoria in which Greek society has been living in the past six months, particular impression made the statement of the Communication Organization for government debt management in Greece about which are the largest creditors in the country. Expectations that they are the notorious hedge funds, who were accused personally by Prime Minister George Papandreou for parenting the Greek economic crisis, were not justified. It turned out that much accused institutions hold only 4 percent of the Greek external debt. The largest creditors of the country turned out to be Greek banks, which hold 29 per cent of the bonds issued in the period 2005-2010. Following are the English and Irish banks, which hold 23 percent of the bonds, the French - 11 per cent, German, Austrian and Swiss banks hold 9 per cent of debt, Italian - 6 per cent and the Japanese and U.S. financial institutions - 3 percent . 

If the Greek external debt is allocated in creditor type, the percentages look like this: 
- 43 percent are in the hands of banks; 
- 22 percent are in the hands of stock exchange dealers; 
- 15 percent are in the hands of insurance companies and pension funds; 
- 8 percent in the hands of equity funds; 
- 5 percent in state banks; 
- 4 percent in the hands of the hedge funds; 
- and the last 4 percent are in the hands of all other types of investors.