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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.

03 July 2015

Greece: IMF says payment delays no help to nations in crisis The International Monetary Fund said that allowing a borrower to delay repayment, as Greece has requested, is generally ineffective in helping a country overcome crisis.

02 July 2015

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.

01 July 2015

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.

01 July 2015

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.

30 June 2015

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.

30 June 2015

'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.

29 June 2015

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.

29 June 2015

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.

29 June 2015

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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.

24 June 2015

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.

23 June 2015

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.

23 June 2015

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.

22 June 2015

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.

22 June 2015

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.

20 June 2015

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.

20 June 2015

Grexit 'beginning of the end of the eurozone': Greek PM A Greek exit from the eurozone would be the beginning of the end of the single currency, Greek Prime Minister Alexis Tsipras was quoted.

19 June 2015

EU to extend Russia sanctions to January 2016 EU member states agreed to extend damaging economic sanctions against Russia over the Ukraine crisis by another six months to the end of January 2016.

19 June 2015