Greece, the hour has struck

That was X hour for Greece and Europe,
but Armageddon did not happen. A new stage in the solution of the situation. In
Many questions arise, What's Next? Let's look at development options
situation.

On the agenda, the payment of the IMF in the amount of 1.7
bln. dollars. Greeks did not implement this payment, and then immediately shouted for
default. This is not a default - it is cutting opportunities for Greece to receive
IMF financing. In other creditors, they can do it, but if they are given,
another dose of the drug. After all, the situation resembles a drug addict who
It did not give the next dose of the drug and it convulses. Thereby threatening,
harm to others. For the IMF, this situation does not threaten, as for
which is not a significant amount. Yes, and the IMF - is formally a mediator in
lending, with its terms and conditions. And those who finance it, this is another
question. How they affect the situation.

The second point of the EU. How will then develop
situation? Since Greece, it will be later this year, to pay their debts to
The ECB, then there will be a poignant moment. But in political terms, this situation hurts
blow to the reputation of the Eurogroup. And undermine the unity of the EU. She already blew it
unity. Do not forget that there is still problematic countries in the EU, with which
large economies. But if they zapoyu then already will be very tight for
all. And they're watching this situation and harassed into their heads, how to act
next, and what strings to pull. But of course, everyone understands that it can
a chain reaction to occur. It is worth remembering the Asian crisis of the late 90's. Then
it all started with thereof, the two countries that were unable to pay their dollar
debts and were unable to maintain their currencies as they were tied to
dollar. And she went to a chain reaction that pulled him and Russia. In Europe
all too aware that could crumble a house of cards. And it does not affect
only the EU but also to spread further. After all, in fact, the whole world economy -
it's a house of cards, and if you pull the card in the wrong place can be scattered
all. Understanding these risks, EU officials will do everything possible so as not to
provoke a collapse. And opponents will use it, it is no wonder, in
press raised such a fuss and cry about the default. You need to make your opponent
nervous, then he made mistakes.

And the third - Greece. Then shout all
failure to pay the debt to the IMF - is the default. This is not a default, it is shutting down funding
IMF side. The Greeks are in the list of defaulters, and if they do not pay,
The IMF has the right to seize Greek assets abroad. According to this, to
the default here is still far. But if the Greeks, later
in the month of July will not pay interest on its bonds, here already
It smells default. And then the situation will develop in another scenario. By
what? Time will tell. And there, you look, and the payment to the ECB, another epic
played out. And, of course, the referendum, which will take place this Sunday
05.07, in which the Greeks would have to say the creditors, yes or no. will they
dance to the tune of creditors or go
on its own path. Although the road is very, thorny.

All these events will put pressure on the euro, and its
you can easily sell on the rise.

P.S. In
You probably have a question, who is the situation at hand? I'll tell you. there is
two of the most interested in the state in this situation, China and Russia.
For China - it is an opportunity to increase its influence in the region and gain
additional leverage over the EU. It is also an opportunity to buy interesting
assets in the region, which will dictate their terms. For Russia, this
The situation allows to increase pressure on the EU for lifting the sanctions and allow to take
more confident stance in the negotiations, according to its own strategic issues.

Here's a math and politics. conclusions
do it yourself!