The European banks threatened Greece to procure regime change, and admitted it.

Backing Down on Greece's Debt Is the Safest, Most Rational Option (for European institutions).

Finance Minister Varoufakis has resigned to facilitate negotiations with the plutocratist European leaders. The government hopes this will help them bypass their personal resentment of him (for not surrendering) in order to negotiate.

I hope the banksters accept a limit on their power, rather than punishing Greece as much as they can. But the banks may not care about success or failure for European institutions. They may not mind causing a bigger crisis, since the rich profit from crises.

If they take further steps to crush Greece, they will inspire more hatred, until countries across Europe elect parties like Syriza.