Some outcomes -
- There is an "interim" government formed between now and the 2nd election which promises to meet all the ECB spending cuts. Which will invalidate whatever the next government got elected on. Don't know if there is a "this parliament may not bind its' successor" clause in Greek constitution though that might come into play.
- Greek collapse as some superbond or other fails to roll as the Greeks cannot refinance at anything like affordable. I think bond yields are >20% right now.
- Massive EU "education" campaign to get the Greeks to vote the "right" way.
- The Greeks do not vote the "right" way and some backroom fudge is concocted in secret to deliver cuts but make it appear they haven't. Contra to the UKian government's untruths.
- Second election elects anti-austerity government, EU puts the smackdown on Greece just to encourager les autres and cuts them off dead. Mass civil unrest, EU sends in their shiny new pan European police force "to restore order" and installs a technocratic, tame government. Didn't the EU pass some act or other a few years back giving this group the right to use lethal force on EU citizens?
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