For right now the Troika of the EC, ECB and the IMF are perfectly happy for there to be no seated government in Athens,
Does Greece seek a “organized” default, leaving the Euro and returning to the Drachma, coupled with some sort of a new debt reorganization, thus attempting to avoid a “credit event,” i.e. pump even more money into an already failed system?
Do they simply unilaterally leave the Euro, default and hope that after a couple of years of pain and chaos that growth will return and Europe will return to doing business with them in the financial markets?
Do they go the Icelandic route, default on the debt, and throw the crooked bankers and politicians that got them into the mess in jail?
There can be no doubt that right now the Troika would prefer some sort of orderly withdrawal and re-accommodation on the Greek debt. But even this is fraught with uncertainty as there would be nothing to prevent Portugal, Ireland, Spain and Italy then standing up and demanding the same accommodations.
Second scenario, Greece simply walks away, tells the Troika to pound sand and they will revert to the Drachma and deal with the pain for a couple of year before growth can begin again.
Third scenario, same as above plus they throw the crooked bankers and politicians in jail.
In short the end game for the Euro experiment draws neigh. The bankers and politicians may have a few more accounting tricks and delaying tactics up their sleeves but even that well is beginning to run dry.