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I'm pretty certain that they'll talk again with the Greek government and they will eventually provide financial support to keep Greece in the EU and the Euro. I guess the question is whether the terms in this new agreement are going to be favourable to Greece, as compared to what was put forward in earlier months. I'm assuming that the terms this time around may be harsher, but that's beyond the point. The point is that they'll have to sit at the same table with Tsipras and Varoufakis and hammer out an agreement.

The Greek people seem to have voted NO to the referendum question (I'd be surprised if NO doesn't get at least 60% by the time all results are in). I'd like to be a fly on the wall in the next Eurogroup meeting and see the faces of the Germans when they'll have to deal with Tsipras and Varoufakis again . Greek people have a twisted sense of humor

Με εχεις μπερδεψει! Τελικά υποστηριζεις τη Χρυση Αυγη ή άλλαξες γνωμη? Πιστευω να ξερεις οτι η Χρυση Αυγη στηριζει το οχι και την εξοδο απο την Ευρωπη και το Ευρω. Εννοειται οτι το οχι θα ειναι καταστροφη για την Ελλαδα εφοσον ισχυουν οσα εχουν πει οι Ευρωπαιοι, οτι δηλαδη σε περιπτωση οχι δε θα κατσουν ξανα στο τραπεζι των διαπραγματευσεων. Οπως και να εχει, ειτε ναι βγει ειτε οχι η Ελλαδα απο αυριο θα βρεθει στη δυσκολοτερη θεση που εχει βρεθει ποτε στη συγχρονη ιστορια της. Ελπιζω μονο να μην εχουμε κι επεισοδια αυριο μεταξυ αυτων που θελουν να βγει το οχι με το ζορι κι οσων θελουν να ψηφισουν υπερ του να μεινουμε στην Ευρωπη και το Ευρω.

μουνοπανο doesn't translate as "mothefucker", google has it wrong It should translate as a "pussy rag" (the pad women use during their period). See, you learnt something new today Nevertheless, eyoismos, please enough with the cursing. Patrick (or anyone else) can have their opinions however offensive may sound to you and I. Let's keep the discussion civilized. Patrick, I'd also expect you to tone down your offensive against Greece too. This is a sensitive issues and a sensitive time for most Greeks. No need to add fuel to the fire.

Ποσα δισεκατομυρια ειπαμε οτι πρεπει να μαζευτουν?

Because unlike others most Greek people are always friendly and hospitable. Also, because Greece is the most beautiful summer vacation spot in Europe, bar none. Combine these two and you have the answer to your question.

I have good friends who own small hotels or rental rooms in Santorini and Milos and they're both confirming that there are lots of cancellations for July. Considering that between July and until mid-August is their high/prime season seems that they'll be in very bad shape at the end of the year. The Syriza government did indeed hurt tourism with their moves, especially at a time when Greece could have scored big time with tourism after all the terrorism issues in North Africa.

Apparently it's not just the Syriza crowd. Your party is also supporting all this. They're part of the "oxi" movement

eyoismos, please keep the personal insults in check. No need for profanity. Everyone can have an opinion, however frustrating that opinion may be to you

I don't think Greece says "we're not paying". This whole situation is obviously much more complicated than what you describe in your example. What we don't want to pay is the exorbitant fees added to the original loans. In any case, obviously the Syriza government fucked up and made some enemies in the EU over these past few months. There's no denying that. If you're asking me I don't agree with the referendum too. What's the point for a referendum, especially when the question posed is completely irrelevant. If they really wanted to take direction from the people then the referendum should have taken place as soon as Syriza came to power and the question should have been "should Greece continue negotiations to stay in the EU and the Euro or not". As simple as that.

I thought you did not consider yourself Greek but Pontian. No need to worry about what us Greeks do then It's going to be a rough week. Let's see what's going to happen on Monday morning. Seems that banks are set to be closed for a week until the referendum is completed.

I'd think the opposite. Tsipras has Europe in a stranglehold with his call for a referendum. I don't think anyone was expecting this move (I wasn't for sure). This looks like a move a game theorist would do, so I suspect that Varoufakis' advice is behind all this. We'll see whether this will work to Greece's benefit or if it will backfire. It goes without saying that Greeks in their vast majority will vote no to this referendum. What remains to be seen then is what the Tsipras government will do after the vote. If the reject the measures suggested by EE and the money coming with it then how are they going to pay the creditors? I hope that Varoufakis, the Greek government, IMF and EU officials realize that this is not a game. The're playing with people's lives here.

Well, being unemployed is not a choice in Greece. What do you suggest these people do?

Have you thought for one minute who pockets those "gargantuan profits"? Is it the German people as a whole or a small (tiny) elite? Think about it and do some research. The Greek elite live mighty fine too. In fact, they most likely do way better than they ever did these days. It's the average Greek who suffers. And don't think that the average German is in a much better position. It doesn't take much for an economy to go sour. Sure, Germany as a bigger and wealthier country will have more support mechanisms in place to withstand such as shock, but it's always going to be the average guy who will take the brunt of any economic downturn. If you did indeed grow up in a lower middle class household, as I did, then you should be much more sympathetic to the suffering of the people.

Yes, I do spend some money on donations for suffering Greek children. That's beyond the point though. There's a need for a radical change in Greece. Throwing money to good causes is not nearly enough. Many people hoped that Syriza would bring about this change but this doesn't seem to be the case. Most of all Greek people will need to change themselves. Change some of their bad habits, acquired during the past 20-25 years of laziness, and go back to their old hard working ways. And don't get me wrong. There are many hard working Greeks today too. But there are way more lazy good for nothing assholes who need to change their ways. Unfortunately Syriza seems to be validating the behaviour of those assholes and punish the hard working people with more taxes. This is not going to help Greece one bit.

This is a very interesting article, definitely worth a read: http://www.theguardian.com/commentisfree/2015/jun/22/greece-eurozone-germans-single-currency

Seems that they're finally working towards a solution. Unfortunately this solution is not going to be easy to swallow for Greeks. The average middle-class Greek will carry again most of the weight...

Greece is a sovereign democratic country, much like Germany is. Nobody can take control of Greece or decide for her fate other than Greeks themselves. If the Greeks (or the EU) decide that it's best for Greece to leave the Euro and the EU then so be it. There's not going to be any dissolution and no taking over by anyone.

laughable...

Well, we'll see about that. There are a few more days left to strike a deal. Even though I also think that we're going for Grexit I can never be sure about what's discussed behind closed doors. Politics is a strange game, and many political decision made over the centuries are not based on common sense or our understanding of reality. Those people live in a different reality than the rest of us.

I think we're closer than ever to a Grexit at this point. Of course in politics you never say never, as things may change at the very last minute, and despite what many people think this is more of a political than a pure financial issue. I guess there are a few questions that the EU will need to answer. For example, will a default necessarily push Greece out of the Euro? And if Greece does go out of the Euro will this in turn push her out the EU too? http://www.bbc.com/news/world-europe-32332221

I wonder if the new Greek currency will end up looking like this if we exit the Euro http://www.theguardian.com/world/2015/jun/12/zimbabwe-offers-new-exchange-rate-1-for-35000000000000000-old-dollars

I think we're headed for a Grexit: http://www.wsj.com/articles/imf-greek-bailout-talks-stopped-amid-lack-of-progress-1434033497 It going to be interesting to see how the European and global markets are going to deal with this. It's also going to be interesting to see how the EU is going to come out of this uscathed. Is Greece going to remain an EU member outside the Euro? Even though there are countries who are part of the EU and not part of the Euro it's unprecedented to have a country leave the Euro and remain in the EU. They'll have to figure out a mechanism to make this work if we're indeed headed for a Grexit, and they'll have to figure it out fast.

Look at your history to find out when and how Greece helped you in the past. That's beyond the point though. The point, today, is the stability of the EU and the Euro. If all members of the EU believe that a Grexit would be a good thing for the EU and the Euro then they should go ahead with it. Maybe it's to everyone's benefit (Greece's benefit too) that Greece gets out of the Euro sooner rather than later. I'm no financial or political guru, but what I'm seeing is that even if we assume that the financial part of the equation (the exit of Greece from the Euro) may not be as complicated or risky as most people think it is, the relationship between the EU, Greece and Euro may be a more complex one. If Greece does exit the Euro, does she still stay in the EU? If not, then how does this exit from both the Euro and the EU is going to happen? In my mind this whole situation is more of a political problem and not so much a financial one.

That's a pretty cold hearted approach to life. It won't serve you well. There's more to life than making money or getting more power. You'll probably realize this when it's too late. You better re-think your life and re-evaluate your goals. Just a friendly advice