The Greek minister tells the Russian press that it can solve its problems itself and that it wants political, not economic support from the EU.

Just minutes ago his finance minister suggested a concrete financial solution would calm markets.

EUR/USD has come a bit lower, now at 1.3593 as bailout looks ever less likely and uncertainty looks increasingly likely in the weeks ahead. We trade now at 1.3593 after a “bounce” to 1.3610.