The Municipality of Maroussi, northern Athens, will pay off its debts of 56 million euros in 1,991 months, or about 166 years. The City of Piraeus has debts of 10 million that it will pay back in 152 months, or about 13 years. And the Municipality of Fyli, northwestern Attica, will pay back 469 million euros in 24,546 months, or some 2,129 years.
Is there really a qualitative difference between never paying off a debt and paying it off in 2,129 years? I can't think of a single sovereign entity that has survived without invasion or revolution for that period or anything remotely like it. Even if I had a demonstrable claim against King Æthelstan or whatever it's hard to imagine I'd have much ability to enforce it through the courts.