Greece has until the end of the week.

That’s the message being sent by European leaders who are meeting to discuss the nation’s rejection of austerity measures and bailout terms to help the country out of their default to the International Monetary Fund (IMF).

The deadline comes after a heated meeting Tuesday among members of the European Union.  If there is not an acceptable proposal on Sunday, Greece could be ejected from the Eurozone.

“The stark reality is that we only have five days to find the ultimate agreement,” said a visibly irritated Donald Tusk, the European Council president. “Until now I have avoided talking about deadlines. But tonight I have to say it loud and clear — the final deadline ends this week.”

“I’m strongly against Grexit (the nickname for a Greece exit from the Eurozone),” European Commission President Jean-Claude Juncker said. “But I can’t prevent it if the Greek government is not doing what we expect the Greek government to do.”

Greece’s Prime Minister Alexis Tsipras had told Greek voters if they rejected the referendum he could make a deal with Europe “within 48 hours.”  That time limit passed without a formal proposal and only some comments from the nation’s new finance minister reading off handwritten notes.

French President Francois Hollande said that the European Central Bank (ECB) would likely provide money Wednesday to keep Greek banks afloat through Sunday.