ECB Readies for Greece Return as Banks Still in Emergency
Tsipras Seeks Third Bailout Support
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The European Central Bank is embarking on a third tour of duty in Athens, with victory less certain than ever.
Officials holding a telephone call on Wednesday to discuss the Emergency Liquidity Assistance that keeps Greece’s financial system alive will be mindful that their decision is just a precursor to a bigger task. They’re about to send a team back to the Greek capital to monitor compliance with austerity policies -- honed over two previous rescues since 2010 -- that the government accepted in return for a bailout deal.