Well it looks like the Greek people are going to vote against the bailout terms, so do we think that this will lead to a Grexit from the eurozone and a return to the drachma? Is the gulf between the two sides simply too great to overcome? Even if the troika were to forgive some or all of the Greek debt, Greece would still need loans in order to pay it's bills and no doubt due to in essence a default due to the debt being forgiven rather than being paid what sort of interest rate would be apllied and would that just push the issue into the future? And what of the other so called members of the PIGS nations (Portugal, Italy, Greece and Spain) would a Grexit influence their decisions? And of course the next "crisis" is the UK referredum on membership in the EU due in 2017, and the recent rise in more eurosceptic parties in EU nations reveal an underlying issue with the EU as a whole? My take is that the EU hasn't done a very good job of engaging with the EU electorate as to it's benefits but that doesn't mean I don't think it needs reform, but as with any sort of reform what I want as a Brit might differ from a German.