It's all a big game of elastic brinksmanship anyway: ECB can fill its holes by printing Euro but only if there is no alternative, Greece won't leave the Euro until there is no alternative, Europe won't subsidise Greece unless there's no alternative, and nobody wants the banking system to stop working.
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It's all a big game of elastic brinksmanship anyway: ECB can fill its holes by printing Euro but only if there is no alternative, Greece won't leave the Euro until there is no alternative, Europe won't subsidise Greece unless there's no alternative, and nobody wants the banking system to stop working.