Syriza government is laughably incompetent. They had 6 months to introduce a cryptocurrency and remove reliance on ECB for running internal economy and exports. They also had 6 months to start reforms to reduce bloated government spending and invest to reduce food imports.

Instead, they let ECB take Greek deposits as hostage, wasted 6 months on negotiations before imposing capital controls, did not get anything in return for not vetoing the Russian sanctions and signed a deal that is worse than any worst case scenario from the default. After the deal, they will give ECB direct control of Greek economic sovereignity. And 50 billion of state assets as a repayment for interest on the debt that is essentially permanent! With only vague promises of haircuts sometime in the future.

In 3 years after this new deal, Greece will likely lose 20% of its GDP and 10% of its population, as anyone with a brain will try to emigrate. That is if Greek people do not object to this deal, which seems highly unlikely.