The Economist reports Greece and the 18 other Eurozone nations appear to be at an impasse over the Zone's demand that Greece continue austerity in order to get further financial help and Greece's refusal to continue the mandated austerity. Prime Minister Tsipras' Syrzia Party won the recent election on a promise to end austerity so he doesn't have much wiggle room.
To date, the other 18 nations aren't showing much flexibility either. It may be that Greece really doesn't belong in the euro zone. Unfortunately, several other economically weak member nations may also not belong.
An economist will tell you it's unlikely a group like the euro zone can make monetary policy in Brussels and fiscal policy at each national capital and have the whole thing work over time. The two policies need to be coordinated.
