Ok it will. Fear will spread like wildfire but if there is no actual external residual fallout things should normalise as the new EZ settles down.
The ECB may step up it's QE program and free up reserve requirements. Bond markets may go loop the loop.
These boys are ready should Greece accidently exit. The longer Greece takes the faster the shallow pool of European goodwill and sympathy dries up.
Everyone knows the stakes.
