The problems in the Greek economy have not yet been addressed. The Greek government keeps insisting that they do not want or need a bail-out from the other nations in the Euro Zone. Germany and France keep implying that they may help, but they have not done so yet. The IMF is still on the sidelines. It would be best for all if Greece could solve its own problems. They are talking about a major bond issue. Good luck with that.
A number of other countries in better economic shape have tried recently to raise some money in the bond market (e.g. Panama and Great Britain), but have not had very good results. It's hard to think that anyone will have any enthusiasm for a Greek issue. Greece has to reduce its spending, particularly in government payroll. Watch the union members hit the streets when that happens. The only other way out is for the Greek government to PRIVATIZE their way out. The government owns banks, hotels, resorts, and other hard assets that they can sell off. The Greek government needs to get "out of business" before they are really "out of business".
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