the thing about greece is that nothing has changed, just the loans extended and moved to a different lender, the lender of last resort, the question is can that lender support spain, ireland, portugal and italy.
I am bored with Greece now.
It keeps promising to blow up the global financial system but never delivers. A bit like those Greek waiters who promise to take British girls to Heaven and back, but who only make it as their hotel bedroom.
what happens when greece needs another 130bn, and then the whole Greek national debt is covered by the ECB and IMF and is still growing.