The reality is that the eurozone's managers care more about their loans and their beloved currency than they do about Greece.
Seven years of sacrifices and one austerity measure after another have finally brought the people of Greece to a crossroads.
As solidarity begins to fade in the currency zone, it is clear that permanence was never a guarantee.
What should be a financial matter has become a political stick to punish the country.
Oil prices recovered after Iran nuclear talks extended until July 7, despite uncertainty over the Greek financial crisis, analysts said.
As bank withdrawal limits in Greece plummet, citizens have been thinking up contingency plans for 'in case'.
EU paymaster Germany criticised the Greek proposal as "not a substantial solution" as it failed to fulfil bailout conditions.
As South Africans get ready to vote this week, the European Central Bank and Bank of England will announce their latest policy decisions.
If stimulus measures move over to the eurozone, it could spell a slight respite for South Africa's beleaguered currency.
This week, SA's finance minister will give his budget address while the US Federal Reserve chief is set to resume her testimony on monetary policy.
Resentment is growing over German chancellor Angela Merkel's leadership and fiscal austerity measures.
Finance Minister Pravin Gordhan's budget statement, in which growth and fiscal projections will be updated, is the big item on the economic calendar.
Unions in Greece have gone on a strike in protest over the government's decision to shut down its public broadcaster as part of cost-cutting measures.
Eurozone and EU finance ministers will meet in Dublin to conclude a Cyprus bailout and consider extending debt repayments for Portugal and Ireland.
The SA Reserve Bank has done well to balance economic growth and job creation while pursuing its mandate to monitor inflation, says Pravin Gordhan.
As Europe stumbles from crisis to crisis, it might be a good time for Cyprus to ditch the currency.
A eurozone bailout seems unlikely, and plans to keep Cypriots banks afloat are getting desperate.
Cyprus has been fine-tuning a Plan B to secure a bailout that the European Central Bank has warned should be adopted to avoid a banking meltdown.
Cyprus' ministers have met to rework a plan to seize money from bank deposits before a parliamentary vote that might threaten the island's finances.