"Things have changed now. We had a series of news with the approval of the bridge financing package, with the votes, various votes in various parliaments, which have now restored the conditions for a raise in ELA," Draghi said.
Draghi: Increased ELA 900 mln over one week
— ECB (@ecb) July 16, 2015
READ MORE:Banks in Greece to reopen on July 17- Finance Ministry
Until Thursday the ELA stood at €89 billion. The ECB’s refusal to expand the assistance was one of the reasons Greek banks went on holiday on June 29. On Wednesday, the Greek Finance Ministry announced the banks would reopen this Friday, July 17.
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