Germany (Europe) will bail out Greece because they know if they don't it will cost them a lot more down
the road. End of story.
I doubt that is the end of the story. Greece has been bailed out before, and it didn't really help. Germany is very generous but even they have a limit.
(no idea how this relates to BTC though...)
So what is Germany going to do? Not give out anymore money and watch the whole economy go into
the toilet costing them 6 times as much as the bailout would have? Even if they have to do another bailout
after that it is still cheaper then letting the train wreck happen in the first place.
But this is just my opinion. The US was pretty much forced to do similar things, a la bailouts.