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@606
According to Deutsche Bank (reported on Zero Hedge) these are the options:
N1 – Soft deal: The most unlikely scenario is that the euro-area partners offer a much softer programme to Greece.
N2 – Default-and-stay: Moderately less unlikely is a scenario where Greece defaults but stays in the euro thanks to a direct recapitalisation of Greek banks by the euro-area partners, with the Greek government using only domestic resources for the country’s fiscal needs.
N3 – New deal: The third scenario is one in which the rising economic and political cost of a closed banking system results in the Syriza government being replaced by a new government of national unity and a new deal with creditors being reached.
N4 – Grexit: In our view, Grexit and Scenario N3 are the most likely – with about equal probabilities.