A high profile group of economists wrote an open letter to German Chancellor Angela Merkel saying, "right now, the Greek government is being asked to put a gun to its head and pull the trigger." Greece then last week came very close to pulling that trigger when it went to Brussels with a suite of suggestions that many saw as ‘capitulation’, betraying the definitive ‘no’ vote in the referendum.

But just today it's been announced that a deal for a bailout has been struck, but first requires the Greek government to legislate large chunks of reforms in return for 86 billion Euros to be made available over the next three years. But there are rumblings of dissatisfaction among the Greek ranks, and the possibility of a snap election.

What does the near future hold for Greece, its Prime Minister and the former Finance Minister?