Monday's News Links

[Bloomberg] Greek Stocks Lead Europe Markets Lower as Debt Talks Break Down

[Bloomberg] Spain’s Bonds Decline as Greek Impasse Fuels Contagion Selloff

[Reuters] EU preparing for 'state of emergency' after Greek talks collapse

[Bloomberg] Out of Options and Time, Tsipras Faces Greece’s Moment of Truth

[Bloomberg] Tsipras Hardens Greek Stance After Collapse of Talks

[NYT] E.U. Urged to Plan for Greece to Default

[Reuters] Russian central bank cuts key rate by 1 pct point

[Bloomberg] Draghi Faces EU Court Ruling on 2012 Bond Plan as Greece Teeters

[FT] China's hedge fund industry blooms as stocks boom

[Reuters] Russia warns it would react should U.S. station arms in Baltics, eastern Europe

[Reuters] Two soldiers killed as Ukraine warns of escalating violence in east