Here are a couple of informative posts about the situation with Greece either leaving or kept in the euro. If you’re interested in some real reporting and don’t like the usual pap that is served up by the MSM, I think you’ll want to read some or all of these.
EURef: Europa über alles
EURef: A matter of timing?
And if you read Dutch, we have DDS with: Let op. Merkel gaat door de knieën voor de Grieken (NL).
That last one asserts Merkel will fold under the Greek bluff. She may be wanting to. The piece by John Ward on the Slog confirms that particular wish of hers. Anything to keep the euro-zone and the EUnion together. But the Slog also has contacts within Germany indicating Merkel will find her position at home increasingly tenuous, if she proceeds as she seems to want to. Besides, the piece on Zerohedge argues the money just isn’t there to keep Greece in. Time is running out for the Eurocrats.
[INSTANT UPDATE] John Ward received a clue the big money boys are betting it will all be over when midsummer comes around:
JP Morgan is building massive short positions on the Euro throughout Asia. Almost all are timed to around Mid July.
Make of it what you will.