Most European countries have had coalition governments for most of the last 40 years.

At the moment, Cameron's UK government (with his slender majority of just 12 seats out of 650) is one of only three out of Europe's 28 countries with a single party majority: How coalitions dominate Europe: David Cameron's majority makes UK one of only three single party governments | City A.M.

There are x further Greek reform bills to adopt and implement in the weeks and months ahead.
This Syriza farce - half a year of talking large and whiny failure to act up to now - can't go on forever.
Either a government has a majority and works with it or it is told to get packing.

Draghi in the ECB press conference:

To the best of his knowledge, the ECB will be paid by Greece on July 20th
as well as the IMF will also be paid (!).

Germany’s finance minister, Wolfgang Schäuble, suggested on Thursday that Greece might be better off leaving the euro, saying that a temporary exit from the common currency could give the country additional flexibility to reduce its crippling debt load.
....

There has long been an influential group of German economists who argue that Greece does not belong in the eurozone and that it would be better off using its own currency. In recent days, Mr. Schäuble appears to have come around to that way of thinking.

The most vocal of those advocating Greece’s exit may be Hans-Werner Sinn, president of the Ifo Institute in Munich, an influential economic research organization. In a statement on Tuesday, Mr. Sinn reiterated his longstanding argument that Greece should adopt its own currency, which it could devalue to make its export products and tourism industry more competitive.

“An exit is the only option,” Mr. Sinn said.

The ECB has announced it has increased emergency loans to 900 million Euros.

Meanwhile, there is important sentiment in Germany that Greece should just leave -- in fact, that there is really no long-term choice:



From: https://www.nytimes.com/2015/07/17/world/europe/eurozone-greece-debt-germany.html?hp&action=click&pgtype=Homepage&module=first-column-region&region=top-news&WT.nav=top-news

I would not call the issue settled, although it has moved forward in the short term.

Bob.

The ECB has announced it has increased emergency loans to 900 million Euros, "over one week," and suggested strongly that ELA will continue.

Meanwhile, there is important sentiment in Germany that Greece should just leave -- in fact, that there is really no long-term choice:



From: https://www.nytimes.com/2015/07/17/world/europe/eurozone-greece-debt-germany.html?hp&action=click&pgtype=Homepage&module=first-column-region&region=top-news&WT.nav=top-news

I would not call the issue settled, although it has moved forward in the short term.

Bob.

I do not think that there is a contradicton between the solution adopted this week-end and an exit of Greece from the Euro area.

Greece has a highly unprofessional government, which has repeatedly insulted the countries that have already come to help Greece in the past. This has lead to an emotional debate, where the Euro - which is just a currency - has become the symbol for being part of Europe. Of course this is nonsense.

After Mr. Tsipras refused to come to an agreement with the creditors and called a referendum instead, Greece was close to economic suicide with the 4 largest banks on the brink of collapse. Under such circumstances there was no time to prepare an orderly exit from the Euro. A new currency needs to be prepared ....

Therefore immediate action was necessary to moderate the impact of the Kamikaze policies of the current government. The alternative would have been a Greccident, not a Grexit. This would probably have led to severe short term implications for the Greek population.

Now let the emotions settle down, and the work can start for a viable solution. Both Mr. Schäuble and Mr. Sinn have suggested that a Grexit might be the best medicine for Greece. A return to the Drachme would lead to a devaluation of the Greek currency and make Greek products more competitive abroad.

I am not a Neo-Keynesian, but let me cite Paul Krugman:

"Would Greek exit from the euro work as well as Iceland’s highly successful devaluation in 2008-09, or Argentina’s abandonment of its one-peso-one-dollar policy in 2001-02? Maybe not — but consider the alternatives. Unless Greece receives really major debt relief, and possibly even then, leaving the euro offers the only plausible escape route from its endless economic nightmare.

And let’s be clear: if Greece ends up leaving the euro, it won’t mean that the Greeks are bad Europeans. Greece’s debt problem reflected irresponsible lending as well as irresponsible borrowing, and in any case the Greeks have paid for their government’s sins many times over. If they can’t make a go of Europe’s common currency, it’s because that common currency offers no respite for countries in trouble. The important thing now is to do whatever it takes to end the bleeding."

Full text available here: https://www.nytimes.com/2015/07/06/opinion/paul-krugman-ending-greeces-bleeding.html?rref=collection%2Fcolumn%2Fpaul-krugman&action=click&contentCollection=opinion&region=stream&module=stream_unit&contentPlacement=3&pgtype=collection

It seems that Mr. Schäuble and Paul Krugman have a common idea which medicine would help. Of course, Greece would require another cut of its debt to be able to thrive again.

In fact, over the last century, almost all of Greece’s creditors – including Germany – have defaulted or “restructured” the sovereign debts at least once. Some have done so several times. As economist Thomas Piketty told the German Newspaper Die Zeit, on July 10, “Germany is the country that has never repaid its debts.”

Germany’s Wirtschaftswunder (economic miracle) came about not only because of German hard work (and the contribution of immigrant labor) or even the result of about $15 billion (in today’s money) America gave Germany under the Marshall Plan. These were essential, but most economists would hold that at least as important was that, in 1953, West Germany was forgiven 50 percent of its foreign debt and allowed to “restructure” domestic debts.

Thus, the West German government was able to forge the new Germany without the burden of past debt, making it at least ironic that Germany now takes such a strong stand on Greek debt repayment. As Piketty wrote, “It has no standing to lecture other nations.” This is one “secret” that Merkel and others don’t want to remember.

And Germany was not alone. Most of the countries now lined up against Greece have handled their debts by defaulting, having their debts forgiven or devaluing their currency.