Greece debt crisis: new ECB cash lifeline could reopen Greek banks

Mario Draghi reveals extra a900m in emergency funding and adds backing for debt writeoffs as hopes rise that Greek banks will reopen on Monday

Banks in Greece could open their doors on Monday for the first time in three weeks, after the European Central Bank boosted emergency funding for the country's financial sector by a900m (630m) and threw its weight behind calls for debt relief for Athens.

The ECB president, Mario Draghi, announced the extension of aid to the country's banks while backing the idea - championed by the International Monetary Fund but rejected by Germany - that some of Greece's debts will have to be written off.

Related: Greek debt crisis: ECB raises emergency liquidity and pushes for debt relief - live updates

Related: George Osborne backs down on use of EU bailout fund in Greece crisis

Related: Merkel 'gambling away' Germany's reputation over Greece, says Habermas

Related: British progressives and the European Union: should we stay or should we go? | Letters