This will go down to the wire, the people of Greece don't want to exit, chaos would reign over Greece, even though default would wipe their slate clean, the people of greece and industry would suffer for years to come. The hard line of Tsipras is working to soften expectations, I expect that since they have till the end of June, Tspiras will wait till the last moment, go behind close doors and emerge with a Deal, in the 11th hour. He may have to give in to certain demands, but he will be able to save face by waiting till the last moment, knowing what the majority of people want. If nothing else he will strike a deal to move forward and if a default is what is what they need to do, they will do this down the road. But for now, a deal will be struck at the 11th hour. I have relatives in Athens who are upset that this is not completed and the talk is that all of this is just political hype, as Tsipras has been known to a pain in the "donkey". JMO of course.
