the bottom falls out of the greek economy. cnn s isa soares has more from athens. good morning, isa. reporter: good morning, john and christine. today is all about deal or no deal. we are waiting. greeks will be waiting to find out what their prime minister tsipras put forward in the proposals. will they go far enough? he requested a three-year bailout. the amount we are not sure but suggestions are anything around 50 billion. that is exactly what the imf said the country needs to survive for the next few years. we know the greek government has submitted a formal respect. some sort of debt relief. will they get debt relief? we know europe is divided on this or some sort of debt restructuring. the messages has been clear from europe. they are not singing from the same hymn sheet. you either put your house in
stocks. in 2015 bubbles have those very similar qualities. people got in last get nailed. thanks for that ivan. new this morning, fears from- the fed reserve that the finance financial crisis in greece could spill over. the fears that europe would not buy the latest bailout. people are buying whatever durable goods they can if the bottom falls out of the economy, which it could, within days. cnn s isa soares joins us now from athens with the latest. good morning, isa. reporter: good morning, john and christine. 60 euro a day. people queue from early in the morning to late at night. they are tired and they want this crisis to end. tsipras has the pressure to put proposals through that europe will find and see them as
credible and serious. we know the third bailout request in six years. the concerns are will the proposals put through and he hands over at the end of today, will they go far enough? europe is clear yesterday saying if you want to stay in the euro you need to get your financial house in order. reform your tax system and pension system. people are backing tsipras, but they are getting nervous. while the prime minister has the backing for people on the austerity issue, he does not have the mandate to get out of the euro. 75% of greeks want to stay in the euro. people buying whatever food and medicine they can in case there is any accident. it seems the mood we get from greece and signs is that the
order or you get out. important to note the majority of people are backing prime minister tsipras. there is euphoria on the streets on sunday. you will have a lot of pressure today to submit proposals that europe will be pleased and they go far enough. that includes changing the pension system and as well reforming its economy and the tax system. people here taking to the streets today to show europe their heart is in it but to show tsipras this is it. this is a time for him to redeliver on the promises that he has been promising all his people since he took power in january. of course while we wait for that people continue to queue for the 60 euro. wondering if this is it. is this the end? wondering if 60 is the best