But the deal is now under threat after inconclusive elections in May. As Greece awaits a new poll in June, there are now fears that Athens may be forced to leave the eurozone.
How? Is the EU going to make Greece walk the plank?
This could potentially trigger a run on banks - not only in Greece but in other eurozone nations, experts warn.
The run on the banks has already happened and is welcomed by the banks. Every time a depositor closes a cash deposit account earning 3.5-4.5% interest the same amount of money comes in the back door from the ECB which costs the bank only 1%. The bank then lends that money to anyone with an A+ rating (like BHP, see last announcement) at 2.5-3.5% interest. So Europe's banks cant go broke and have a world wide monopoly on cheap lending.
