There are the glimmers of a plan: strengthen the banks to withstand the shock of default and then build a massive firewall around Greece to avoid a domino effect.
If the euro zone had put a credible firewall around the government bonds of Italy and other troubled euro countries, a Greek default would not now be threatening contagion.
European Union governments will spend the next six weeks building a financial firewall to protect their fragile banking systems against what is now seen as an inevitable Greek default.