The Greek parliament will decided if the nation is to be beheaded or strangled. Much better for Greece to default and leave the eurozone rather than suffer a lingering death by accepting the loan terms and years of misery. Yes, leaving the eurozone will be painful, but for a shorter period and may protect the nation from civil strife and even revolution.
http://www.telegraph.co.uk/finance/financialcrisis/9076557/Greece-now-needs-145bn-bailout-to-avoid-collapse.html
http://www.telegraph.co.uk/finance/financialcrisis/9076305/Merkel-has-herself-to-blame-if-Greece-defaults.html
http://www.bbc.co.uk/news/world-europe-16998157
http://www.telegraph.co.uk/finance/financialcrisis/9077224/Greece-a-breath-away-from-ground-zero-PM-warns.html
http://www.bbc.co.uk/news/world-europe-17003432
http://www.telegraph.co.uk/finance/financialcrisis/9077958/Greek-protestors-greet-bailout-vote-with-fire-bombs.html
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