More comments from Greek PM Tsipras:
- Says message to markets if deal is ratified is that Greece will no longer have a debt problem
- Says believes banks will need 10 to 15 bln euros to recapitalise
- Dal safeguards stability of banking system and deposits
- Banks will open will depend on when deal is ratified
- ECB is gradually moving to raise emergency liquidity funding for Greek banks
- Says return to normality in greek banking system will happen gradually
- Says increase in withdrawal limits will also be gradual
'Greece will no longer have a debt problem' - I think he means this in the sense that if you owe the bank a hundred a bucks and you can't pay, you're in trouble .... but if you owe 'em a hundred billion, they've got the problem.
On Grexit ..
- I cannot say anything with certainty until deal is ratified
