The ECB's mechanisms and the staff of the major European banks have been placed in "enhanced vigilance", as the Turkish crisis is undergoing a new phase of accelerating, with unpredictable consequences.

President of the European Central Bank (ECB), Mario Draghi has put on "ice" iAthens' hopes of joining QE (quantitative easing program).

Undoubtedly, the spotlight was cast on the Eurogroup's latest qualms over releasing the sub-tranche and the formal completion of the third evaluation, but the essence is reflected in the outbuster of Greek minister Tsakalotos and in the frantic confrontation with Mario Draghi.