Der Spiegel magazine's report that Greece is threatening to leave the euro zone is triggering a flurry of journalistic activity.
The Greeks vehemently deny it's true.
Since they have no access to financial markets — their government survives on bailout loans from the European Union and the International Monetary Fund — and their commercial banks are kept afloat by cash from the European Central Bank, it would be illogical for Athens to bite the only hand that feeds it.
But numerous sources now confirm something that we didn't know; that a small group of major euro zone finance ministers — including France and Germany — are meeting tonight in Luxembourg.
Since their own commercial banks are so exposed to Greek debt, they have to keep tap dancing to prevent a Greek default.
But even after the Greek government's cut this hard — 8% of GDP — it's still drowning in debt.