Eurozone refuses Greek bailout extension, more talks Wednesday
Eurozone finance ministers declined to extend Greece's bailout Tuesday hours before its expiry and a possible IMF default.
EU to help 'frontline' Hungary cope with migrant wave: official
The European Commission has pledged to send financial aid and experts to Hungary to help it cope with a surge in illegal immigration this year.
Greek default poses new challenge to IMF credibility
Nobody in the halls of the International Monetary Fund in Washington has any illusion: Greece is going to default, delivering a new blow to the global crisis bank's credibility.
Moscow hopes Brussels will avoid 'negative scenarios' over Greece: Lavrov
Russian Foreign Minister Sergei Lavrov expressed the hope that Brussels would avoid "negative scenarios" over Greece amid fears that the country is heading for a eurozone exit.
Brazil's Petrobras slashes multi-year investment plan
Brazil's state oil giant Petrobras slashed its five-year investment plan by a whopping 77 billion dollars -- as it tries to recover from a massive corruption scandal.
'Black Monday' in Greece as panic simmers
It has already been dubbed "Black Monday" -- jittery housewives, shoppers and business owners queued in vain at cash machines in Athens, where the country awoke to capital controls and shuttered banks.
Italy does not fear Greek contagion: finance minister
Italy's finance minister played down the threat of Italy being hit by the fallout from market instability linked to the Greek crisis.
Greece calls emergency financial council meeting
The Greek government said it had called an emergency gathering of its systemic stability council, as speculation mounted of capital controls being imposed and increasing signs of a bank run.
Greek PM calls referendum on bailout for July 5
Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels.
Air Astana leases 7 Airbus neos
Air Astana, the anchor airlines in Kazakhstan, has arranged for operational leasing of 7 Airbus planes from A320 neo family.
Putin extends Western food ban for one year
Russian President Vladimir Putin extended a ban against most Western food imports for a year, saying the longer-than-expected measure would ensure the country's security.
IMF boss Lagarde says ready to 'consider' 2nd term
Christine Lagarde has said she is ready to consider a second term as head of the International Monetary Fund in an interview with a French magazine to be published.
Greece in 'final stretch' of talks: Varoufakis
Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated.
IMF to join meeting between Ukraine, creditors next week
The IMF said that it would take part in a meeting between Ukraine and its private bondholders next week, amid rising pressure on creditors to reduce the debt.
Italian Nutella maker to buy British rival Thorntons
The board of British chocolate maker Thorntons said it had agreed a takeover deal by Italian rival Ferrero that values the firm at about £111.9 million.
New Eurogroup meeting on Greece Wednesday: EU's Tusk
Eurozone finance ministers will meet again in a bid to reach a final bailout deal for Greece ahead of an EU leaders' summit the following day.
EU prolongs Russian economic sanctions for six months: official
EU foreign ministers formally agreed to prolong to January 2016 damaging economic sanctions against Russia to ensure it fully implements Ukraine peace accords.
Athens says Europe 'doesn't need IMF' on eve of crunch summit
Greece does not want any more help from the IMF, minister of state Nikos Pappas said on the eve of a summit.
Amid deadlock on Greece, IMF releases funds to Cyprus
The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus.
Juncker says 'I don't understand Tsipras': report
European Commission chief Jean-Claude Juncker voiced frustration with Greek Prime Minister Alexis Tsipras in a media report amid the deepening debt crisis.