IMF: Greece needs 36 bn euros more from EU
Greece needs 50 billion euros over the next three years, including 36 billion euros more from EU lenders, to stabilize its finances even under existing creditor plans.
Ukraine suspends Russian gas purchases in new price row
Ukraine announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.
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.
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.
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.
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.
25 June 2015
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.
25 June 2015
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.
25 June 2015
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.