Europe will just print a load more Euros to cover what they lost in Greece - thats the joy of paper money - mind you its an awful lot of money..........
Having a referendum means they can say whatever happens after that the people decided. What did you think they were going to do they were never going to be able to pay it from the Greek bank account their only hope was another loan with the amount owned and interest racking up making it even...
I don't blame the Greeks for this end game - In or Out of the Euro or Europe they are stuffed either way. Staying in will definitely mean years of austerity with little or no future for them or their children and most of them never gained from all the borrowing. The ones that did took their...