Lagarde: A new Greece program needs debt restructure
International Monetary Fund Managing Director Christine Lagarde said that a new program to prop up Greece's finances would require creditors to restructure debt.
Greek banks to stay closed until Monday: finance ministry
Greek banks will remain closed until Monday, the finance ministry said as the government raced to come up with a new proposal to present to creditors in a last-minute drive to avert a eurozone exit.
'Can't take risk' of Greece leaving euro: French PM
France can't take the risk of Greece leaving the eurozone, which would have an effect across the globe, the prime minister said on Tuesday.
IMF 'ready to assist Greece if requested': Lagarde
International Monetary Fund chief Christine Lagarde said that the global crisis lender would assist Greece if asked, a day after Greek voters rejected a prior bailout plan.
Euro picks up after Greek finance minister quits
The euro rose after Greece's Finance Minister Yanis Varoufakis announced his shock resignation, just hours after the cash-strapped nation rejected creditors' austerity demands in a landmark weekend referendum.
Moscow sees Greece 'closer to euro exit' after bailout referendum
Greece has moved a step closer towards a eurozone exit as early results from a crucial bailout referendum suggested Greeks had overwhelmingly rejected creditors' demands for more austerity.
Greece would need new currency if votes 'No': Schulz
Greece will have to introduce another currency if it votes 'No' in Sunday's referendum on its potential bailout terms, European Parliament president Martin Schulz said.
Greek banks say have sufficient liquidity until Tuesday
Greek banks have enough liquidity up to their reopening as expected early next week after the country's bailout referendum at the weekend.
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.
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.
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.
'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.
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.