Over the weekend we had Kathimerini newspaper reporting on Greek PM Tsipras' warning to Juncker, Lagarde and Draghi.
The Financial Times has verified the story independently (FT is gated, but here is the link)
- The letter, first reported by the Greek daily Kathimerini but independently confirmed by the Financial Times, raises questions about how close Athens is to bankruptcy. In addition to payments due to the IMF next month totalling €1.5bn, the Greek government has struggled to meet its wage and pension bills, which must be paid at the end of the month.
Its made it to the front page:
Along with continued pressure from Germany, its weighing on EUR/USD in the early going, with a small move lower from Friday's finishing levels:
There is initial support around 1.1415/25