Greek bank run is on.

Over two percent of the funds have been withdrawn from Greek banks in the last week. The only thing keeping the banks open is the Emergency Liquidity Assistance of the European Central Bank (ECB). For how long?

There are questions as to whether Greek banks will open Monday and whether rumors of a "bail-in" are accurate.

Greece has to come up with an almost E2B payment by the end of the month. Can they do it? Yes they can if the Troika gives them the E7B last trench of the bailout. But, that depends on the "reforms" the Syriza govt has to swallow and they don't want to do it.

Europeans say they are prepared for the 'Grexit.' We will see.