Everyone pretty much has most of their money out of the Greek banks.So, no need for capital controls. The Eurozone will likely keep funding the Greek banks. If they don't, and the ATMs are shut off, then Greece will have to fund the banks with Drachmas. If that happens, the Greek bonds, billions of dollars of them, that were used as collateral in swaps deals and loans, up until Feb, 2015, would all be worthless. Billions upon billions of dollars in swaps could be in danger. The holders of the bad swaps, the risky swaps, would have to put up billions more in collateral and if they couldn't, it would be a panic. A Euro panic. So, the Eurozone will have to fund the Greek banks and write off the debt, as the IMF said they need to do . Greece needs to call the bluff of the Germans. They ain't got nuthin'. The IMF warned the Eurozone to cut that Greek debt! So, here is proof that the Eurozone used Greek treasury bonds as collateral for mega swaps prior to