2894 Socialists Take Greece: What This Means For Europe - And You!

Greece's far-left Syriza party swept to power supported by voters opposed to the terms of the nation's international bailout. Under Syriza, the Greek Government will refuse to pay bondholders what they are owed, which is similar to what happened in countries like Cyprus and Argentina. The European Central Bank will be threatened to buy up Greek debt under the threat of default: Pay up or the Euro dies!