Elvira Pollina MILAN (Reuters) – It ‘was inevitably the Greek crisis to dominate the press conference Mario Draghi held after the Monetary Policy Council. A crisis that has bluntly said the central banker, has highlighted the fragility and vulnerability of the monetary union and the need to take decisive steps to better integrate future. The appeal of the Dragons in this sense, yet another, comes after troubled weeks, which have seen Greece again on the verge of leaving the single currency. A hypothesis that even today, the day when the Eurogroup gave the green light to the bridging loan after approval by Parliament greek suffered the first package of reforms agreed at the European level, the German Finance Minister Wolfgang Schaueble, returned to evoke. “The ECB has acted on the assumption that Greece is and will remain member of the euro area, “Draghi reiterated, claiming compliance with the tasks of the Institute, without obscuring how the decisions of Athens, most recently that of today to raise the ceiling on emergency funding to Greek banks, have not been easy, either for internal debate, both for the external pressures. The decision to accept the request of the Bank of Greece and to raise 900 million euro credit line to the emergency liquidity to institutions Greek, forcibly closed two weeks and on the brink of collapse, was taken by a majority of two thirds. The unanimity of these choices is impossible, has riconsciuto former Bank of Italy governor, which quantified the 130 billion euro exposure to Greece Eurosystem. Provide will be stopped when the capital controls is difficult. Draghi will simply say that the Greek accounts deposits were small and that should be avoided a bank run. It is a government decision, as it is up to the executive Hellenic dispel the doubts that already hover on the implementation of the third rescue program. More …
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