The European Central Bank will maintain emergency loans of about 89 billion euros, or about $98.4 billion, to Greek banks, enough to keep the banks from failing but not enough to prevent them from running out of cash that they can issue to depositors within a few days.
The central bank also said it would tighten requirements for collateral that Greek banks must post in return for loans. The decision means that, even if the central bank decides to increase the lending limit, Greek banks might not have enough collateral to qualify for more emergency loans.
The decision was a concession to members of the central bank’s Governing Council who advocate a hard line for Greece, and a sign that the central bank was worried about losses it would suffer if Greek banks failed.
Chancellor Angela Merkel of Germany and President François Hollande of France said on Monday that Europe was ready to negotiate with Greece.
Speaking to the news media here after his meeting with Ms. Merkel, Mr. Hollande warned that the government in Athens needed to make realistic proposals and implied that the time for gamesmanship was past.
Ms. Merkel had a tougher tone than her French host, although she too said Europe was open to negotiations.
She noted that just as Greece had touted its vote against a deal proposed by European creditors as an exercise in democracy, the 18 other countries in the eurozone were also democracies, and their views had to be respected.
“We are now waiting for very specific proposals from the Greek prime minister to enable Greece to return to prosperity,” she said.
The German chancellor also noted that Europe has shown solidarity in its efforts to keep Greece in the common currency, and that the offer of a “generous” bailout proposal was another sign of that commitment.
Ms. Merkel’s characterization of the deal that the Greeks rejected by more than 60 percent suggested that there was still a long way to go to find a compromise.
“The whole world, the whole planet, is talking about the need for a viable solution for Greece,” Mr. Tsakalotos said, adding, “I won’t hide the fact that I’m nervous and anxious. I understand that I’m assuming my post at a difficult time.”
Bankers in Athens are beginning to worry that without additional aid, banks could run out of cash on Friday, according to Stefanos Kotronakis, who works in Athens for a company that provides payment processing services for banks and A.T.M.s.
“The situation from a liquidity perspective is really critical,” Mr. Kotronakis, country manager for ACI Worldwide, said in a telephone interview.
People can continue to use debit and credit cards and make electronic transfers within Greece. But Mr. Kotronakis said many merchants insist on cash, in part because they are not sure that their money is safe in a bank.
“If you do a transaction and you ask the merchant, ‘How do you want to be paid?’ the answer is going to be ‘cash,’ ” he said.
President Prokopis Pavlopoulos’s office issued a joint statement on Monday by the leaders of five of the seven political parties represented in Parliament after a meeting led by Prime Minister Alexis Tsipras of the Syriza party.
Here is the text of the joint statement by the five party leaders (the Communist Party leader attended the meeting, but didn’t sign the statement, and the leader of the far-right Golden Dawn party did not attend).
The recent verdict of the Greek people is not a mandate for rupture but for the continuation and reinforcement of the effort to achieve a socially just and financially viable agreement.
It’s in this direction that the government assumes the responsibility for the continuation of negotiations. And every political leader will contribute, as well, within the remit of their institutional and political role.
The common aim is to achieve a solution that will secure:
• Sufficient covering for the country’s funding needs.
• Credible reforms based on the fair distribution of the burden and the promotion of growth with the smallest possible recessionary impact.
• A strong, front-loaded growth program, chiefly aimed at tackling unemployment and boosting entrepreneurship.
• A commitment to the launch of a substantial discussion as regards tackling the problem of the sustainability of Greek public debt.
The immediate priority is to restore liquidity to the banking system, in coordination with the E.C.B.
Niki Kitsantonis, reporting for The New York Times in Athens, says that Euclid Tsakalotos will be sworn in as the new finance minister at 8 p.m. Greek time, according to the office of President Prokopis Pavlopoulos.
Mr. Tsakalotos was the official appointed to coordinate Greece’s negotiations with Europe in April in an effort to offset the confrontational style of the former finance minister, Yanis Varoufakis.
He’ll take his oath to succeed Mr. Varoufakis, who resigned on Monday, in the presence of Mr. Pavlopoulos and of Prime Minister Alexis Tsipras.