Don't Make Us Do It: ECB Wants a Political Deal on Greece

``The ECB does not want to be pushed into a position where it is making decisions on the future of the Greek banking system -- and the country's membership of the euro -- without political cover from European capitals. ... The ECB's Governing Council meets again on Feb. 18. To veto ELA, a two-thirds majority would be required. If a deal isn't found by the end of this month, Greece will be without funding for the first time in almost five years, and the ECB will be forced to consider its ELA position at a meeting -- in Cyprus -- on March 5. A reminder of the seriousness of the situation could be made before then.''