Look I know this is the pit and all but we could, ya know, try and address the actual content of the post and not get into a smarmy pissing match over grammar.
To address the OP. The last news I heard wasn’t clear about who would be able to form a government, so it’s still possible that an anti-bailout may end up governing and taking the country out of the Euro.
Neither is a particularly good scenario – I’m of the opinion that Greece should have defaulted ages ago and returned to their own currency. But the majority of Greeks want to stay in the Euro (just without all the sweeping cuts). And it is the home of democracy after all.
The Euro is fucked tho’. I think most people privately realize that now and any country that doesn’t have a plan to return back to it’s own currency deserves the kicking it gets in the Euro blows up. In fact there’s speculation that a lot of the bailouts and money shuffling aren’t (just) to keep the Euro afloat but to buy enough time for people to plan a structured break-up if necessary.
The Euro can potentially recover, but it needs a massive upwards swing in growth and that’s just not happening. We may get to a magic point were faith is restored, growth returns and the Euro drags itself out of a hole. This would probably require much tighter government union, something that’s never going to happen quickly – if it happens at all.
Or it may lurch on from crisis to crisis. At the moment the markets aren’t convinced and unless they change their mind in a big way the Euro is fucked.
Personally I’d buy shares in companies that print currency.