I think what happened here is that the Greek government was staring into the abyss and really had little choice but to go back and concede for a bailout. Basically over the past 5 years the ECB was preparing for the Grexit and was prepared to step in a stop contagion (which was the major fear), and if the Greeks were to default they would clear a pile of debt, but be left with nothing anyway. For a government that gets very uncomfortable, very quickly!
The choice appears to have been between default and economic meltdown which probably means civil unrest or concede and try to make the best of that situation. Two poor choices, but this was the lesser evil foe the government.
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