After 13 July 2015, Syriza's Greece and, for that matter, the creditors have two choices. Modernise the Greek state; or let Greece default and risk disintegration not just of EMU/EU but also Nato.
Harsh measures imposed on Cypriot political and financial authorities to address bank failures reveal, once again, that the entire architecture of the EU is in tatters. The geopolitics surrounding the Greek Cypriot crisis is pulling the EU further apart and into the unknown.