Greece's problems will be intensified by these events, plus the serious shortfall in resource capacity per capita. Greece' s real solution therefore is depopulation or degrowth per capita to bring its physical input and outputs relationships back into a sustainable relationship.
Old economic thinking is never going to work for Greece, and the many more Greeces in the pipeline, until policy-makers solve the physical economic issues. That's the new reality when nations pass "peak everything" on a country to country basis hitting the slippery downward slope..
Stay tuned - there is much more to come!
Either way, we are in for a massive global credit crunch, at some point, when the Bank's start writing down this debt.