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it s up to see if angela merkel is prepared to give in on that. the italians and frens have been more amenable to debt relief and the imf has also suggested and proposed. but now the ball is in greece s court to come up with a credible proposal. it s the credible proposals that the eu has been having for a long time. but in terms of the red lines i think the debt relief is one huge red line rosie. and now i think it will most likely see some sort of debate between eurozone leaders about who is prepared to give in on the idea of debt relief. i don t think we are going to get a deal today. i think this will take days if not weeks. it has taken five weeks and we haven t got the a deal. but time is critical now. the banks are running out of cash soon and that 60 euro limit
bailout. alisyn take a look behind me. that is the reality. people from early in the morning to late at night. people were here to get their 60 euros a day. it can t get much worse. now it depends on the european bank. they are meeting today to decide whether to up it. will it keep more money flowing into the greek banking system. if they won t do that alisyn what will happen is the 60 euro limit goes down to 20. can you imagine living on 20 euro s trying to find food electricity and medicine for many families. michaela? a lot of anxiety there. nuclear negotiations with iran coming down to the wire. tuesday is the new deadline to
morning. many people pleased with the 60% no backing against the proposals put together. they said enough is enough. we do not want more austerity. the reality will set in. so much work is ahead. we know that the greek prime minister who saw this as a triumph now has to find a solution with europe. he s been meeting with opposition groups trying to get the support of the opposition party to back him when it comes to meeting tomorrow with the groups meeting to decide exactly what has to proceed. key today will be holding the trump card the european bank. they will decide whether to place more money into the banking system. the 60 euro limit might be reduced further. that is a huge concern. we have seen in the last couple hours, the finance minister resigned. some say it is a piece of europe
leaders to try to join them and try to get the support behind the party when it comes to negotiates with europe. he needs greece to be united in the front. where does this take greece? it lies on the ecb. they are meeting today. they will decide whether they will increase the liquidity or not. already we know 60 euro limit, but will that be reduced to euro if ecb does not prop up the banks. did you say 50% of households in greece the only income is a check from the government? reporter: correct. i said 50% of households in greece depend on pensions as the only source of income. i met those families where they are counting every euro to buy medicine and put food on the table. we can t possibly depend on this
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