Comments from Draghi in the ECB press conference:
- Eurozone needs further integration
- Draghi says 900m euro ELA 'fully' meets Bank of Greece request
- I won't comment on German political statements
- Greek ELA increase allows time to see situation evolve
- Revising communication strategy regarding ELA
- All evidence indicates Greece will repay ECB loan on July 20
I'm not so sure all signs point to Greece making that payment on Monday. I have no idea where they'll get the 3.5 billion euros by Monday.