Extension of Greece aid package to be passed on 30th June?

The euro group meeting was once again postponed. This time round to Saturday, the last imaginable date if the legislative processes are going to somehow be maintained and an extension of the Greece aid package is to be passed on 30th June. 

What matters for the financial markets is the ECB's reaction to the events as far as its ELA policy is concerned rather than an extension of the aid package or the IMF payment by themselves. 

Predicting what the ECB will do is difficult, as what matters in the end is whether the European central bankers will stick to their rules or whether they are prepared to be used as the henchmen of the politicians.