WHAT ARE THE SCENARIOS FOR GREECE ?

1. Greek mandate (as a result of the referendum) persuades eurozone leaders to agree to a revised deal.
2. Greek banks collapse leading either to a eurozone rescue deal or to Grexit
3. Grexit after attempted eurozone negotiations fall apart
4. Greece joins the BRICS Bank and begins the transition back to the drachma with the backing of the East.
5. Greece fails to join the BRICS Bank and falls into economic and social disarray.
6. Having failed to close a deal with either the Troika or the BRICS, Syriza distintegrates and the Greek military has to step up to maintain some semblance of order. Greek Defense Minister, Panos Kammenos takes the reins and cut a deal with the BRICS.

Note: Greece could consider the BRICS Bank as an alternative source of economic assistance to avoid bankruptcy or at least as leverage to maximise its chances for a gainful deal in the bargain with the EU and the IMF. However, the New Development Bank has been established solely to fund projects withi a country, such as the creation of new highways or hospitals, but certainly not to fund a country to the extent that it avoids bankruptcy. The BRICS Bank cannot provide the economic assistance that Greece needs to survive.

Leading Greek Creditors (in Euros)

1. Germany: € 68.2 bn (including EU bailout loan + domestic banks)
2. France: € 43.8 bn (including EU bailout loan+domestic banks
3. Italy: € 38.4 bn (including EU bailout loan + domestic banks)
4. Spain: € 25bn (including EU bailout loan + domestic banks)
5. IMF: € 21.4 bn
6. European Central Bank: € 18.1 bn
7. Netherlands: € 13.4 bn (including EU bailout loan + domestic banks)
8. U.S.A. : € 11.3 bn (domestic banks)
9. United Kingdom: € 10.8 bn (domestic banks)
10. Belgium: € 7.8 bn (including EU bailout loan + domestic banks)
11. Austria: € 5.9 bn (including EU bailout loan + domestic banks)
12. Finland: € 3.7 bn (including EU bailout loan + domestic banks)