the approximate present does not approximately determine the future
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ECB's Weidmann: Eurosystem can't provide Greece bridging financing
More from Weidmann. •Greek banks need to improve liquidity situation. •Banks soveriegn exposure needs adequate capital. •Prolonged ELA for Greece casts doubt on bank solidity. •Greece has eroded support for transfer of solidarity. •Greek gov policies have sparked a flight of capital. •Greek ELA raises serious monetary financing concerns. The ever chipper Bundesbank head Jens Weidmann.