Official: Athens bourse won’t open on Mon. if ECB doesn’t inject liquidity

The Athens Stock Exchange (ASE) will not open on Monday if there is no liquidity “injection” by the European Central Bank via its Emergency Liquidity Assistance (ELA) mechanism, an unnamed official said on Saturday.

The ECB’s governing council will convene on Sunday in order to decide on raising the current ceiling of ELA liquidity for Greek banks.

In Tweet on is official account, the ECB merely noted on Saturday that “the Governing Council of the ECB will hold a meeting in due course to discuss the situation. The ECB is closely monitoring developments.”