Again, the markets should theoretically have a Greek default baked in, but if word of an official default comes this week, it will put a dent in our plans, IMO. That could create a buying opportunity in CUU for anyone with cash on hand.

Here's the lastest from Bloomberg:

Greek Leaders Must Respond to Troika Monday

Greek political party leaders must provide a first response to demands by international creditors on economic measures including wage cuts by tomorrow morning, a spokesman for the biggest political party, Pasok, said.

Party leaders must respond by 11 a.m. tomorrow, the spokesman Panos Beglitis told reporters in Athens today.

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net