The talk in the market is that the European Financial Stability Facility or EFSF will be expanded from its current €440 billion to €2 trillion. That is a massive amount of money.
This video analysis (done a few weeks ago) predicts that €2 trillion of funds will need to be ready before Greece can be allowed to default.
![](data:image/svg+xml;charset=utf-8,<svg height="315" width="560" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
And as strikes in Greece intensify and credit ratings of Eurozone countries and banks continue to be downgraded, surely we are approaching the day when Greece will default and/or be booted out of the Eurozone.
This proceedings (or non-event) of this weekend will be crucial.