The german and french banks have already been saved, since roughly the beginning of this year, they don't have any meaningful positions in greek loans anymore.

The german and french banks have already been saved, since roughly the beginning of this year, they don't have any meaningful positions in greek loans anymore. I assume good faith and suspect that Greece is forced into reforms that will be beneficial for its long term development, but would not happen otherwise. Everyone expects there will be talks about debt cuts afterwards, basic math proves there is no other way. If Merkel is interested in keeping Greece in the eurozone, it has to be kept stable long-term, or else it all was in vain.