Looks like the start of the scramble to try and protect who gets paid now. It’s now universally accepted Greece has to default and that will impact onto the banking sector. If there are contagions, Portugal, Spain et al, and banks look to be as frightened now as they did 2009, then some banks will fail. Sovereigns shouldn’t as they can theoretically print and devalue their way to oblivion but who is going to take a New Greek drachma when it would probably devalue the next day? The whole Euro project is a mess with one group out in front who we should blame, the political class and their unelected underlings!