The European Central Bank has increased the limit of emergency funds available to Greek lenders. The move comes ahead of a Monday deadline for Greece to submit reform proposals to the ECB in order to continue receiving aid. It is not yet clear whether the ECB move was motivated by any immediate capital flight risks or as a negotiating/signalling tool ahead of Greece’s proposal. The prospect of a “Grexit” seems mildly less frightening than it did a couple months ago, now that Germany and the rest of the EU have had time to take certain precautionary measures. Germany – with its stern approach – seems to be using Greece to signal to other European countries like France that the EU is not a “blank check” organization. Altogether, Monday seems likely only buy us a temporary solution, as the struggling Mediterranean tries its best to stall any austerity measures.