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Draghi Says Greece’s Place in Euro Not Doubted; Raises Emergency Funding

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Draghi: Debt Relief for Greece Is 'Uncontroversial'

The European Central Bank granted more emergency liquidity assistance for Greek banks after the country’s parliament agreed on reform measures and euro-area nations approved short-term funding, Mario Draghi said.

“Things have changed now,” the ECB president said at a press conference in Frankfurt on Thursday. “We had a series of news with the approval of the bridge financing package, with the various votes in various parliaments, to begin with in the Greek parliament, which have now restored the conditions for a raise in ELA,”