Greece: up and down.

Hopes of a Greek settlement go up and down. Meanwhile, time is running out. There is just no way for Greece to make its payments next week unless they get more bailout money or the Russians come to their aid. And the Russians do not have the money.

The Greeks are not going down without some fighting words. They accuse the EU with various misdeeds then demand the handout. If you're an American it seems familiar. Eventually though, the participants get tired of the game.

The ON again OFF again game is in the OFF mode again. But it may change. A default by Greece will be awful.