Wonkblog: Why Europe is in shambles, but Greece is most doomed

The coming months will be trying for Europe's most struggling economy. Greece, in rather extraordinary fashion, agreed to meet a long list of highly punitive reforms after a more than week-long standoff that had forced its banks to shut and its economy to shut down. The deal was struck in exchange for a bailout package, which could approach $100 billion, and an extended stay as a member of the euro zone.