The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
It looks like Alexis Tsipras is crumbling.
After the banks closed and public opinion started moving against him, the Greek prime minister seems desperate for a deal with his creditors. Athens has now defaulted to the International Monetary Fund, adding to the pressure. But it is not clear lenders will cut him any slack. They may prefer to deal with his successor.
Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.
The negotiations between Greece and its creditors over how to prevent the country defaulting are already in extra time. They have dragged on for so long that it might seem sensible to bring them to a swift, sharp conclusion.