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the banks be recapitalized? when will the banks happen? reporter: we don t know when the banks will reopen. we expect the european financial ministers meeting later today and decide on bridge loan agreement. this is so greece can meet its loan requirements. it has to repay about 3.5 billion euro to the european central bank by the 20th of july. this is a crucial payment for greece. during this week, we expect that slowly we will see moves for the banks to reopen although from what we understand the capital controls will remain longer. thank you for that. we are seeing stocks climbing around the world thanks to the last minute deal for greece.
rear view mirror. this is one index that does that the numbers not good. a healthy level for the index 100, we are at 89 point 7. not good news. it affects other indexes that we track. existing home sales post.edu the lowest levels for the year. new home sales are on track for their worst performance in 50 years, half a century. megyn: it seems like the news is always bad on the housing front over the past year or so. what could possibly kick start the housing market? reporter: well one easy solution is jobs. you don t buy a loss unless you have an income, you have to prove income when you buy a home that would be a clear solution to these problems but it ain t happening, not yet, megyn. megyn: and the lenders are reluctant to lend and the loan requirements are exorbitant now. you have to show all sorts of things to get a mortgage.