A third bailout package has been subject of speculations that another contract between Greece, the European Union (EU) and the International Monetary Fund (IMF) aimed at coping with the Greek government-debt crisis would be needed as a followup to the Second bailout package finalized in 2012.
A Financial Times editorial on 22 February 2012 argued leaders had "proved themselves unable to settle on a solution that will not need to be revisited yet again", that at best the deal could only hope to remedy one part of the Greek disaster, namely the country's debilitated public finances, though it would not likely even do that. The Eurozone's latest plan did, at least, evince consistency with the currency block's previous behaviour:
from the start, its approach has been a halfway house of resisting a sovereign default but not doing enough to remove the risk altogether. The reason is obvious: core governments find it politically impossible to put up more money. So it is unfathomable that they did not demand more from private creditors. The debt restructuring leaves Greece and its helpers with €100bn of debt that could have been written down entirely and left funds to address future "accidents" without resorting to a third rescue. If there is another showdown with Greece it will have been caused by this.
German minister of finance Wolfgang Schäuble and Eurogroup president Jean-Claude Juncker shared the scepticism and did not rule out a third bailout. According to a leaked official report from the European Commission, the ECB and the IMF, Greece may need another €50 billion ($66bn) from 2015 to 2020.
In mid-May 2012 the crisis and impossibility to form a new coalition government after elections led to strong speculation Greece would have to leave the Eurozone. The potential exit became known as "Grexit" and started to affect international market behaviour, as well as causing an accelerated decrease of bank deposits in Greek banks (commonly referred to as a bank-run).