Greece won't leave eurozone, says Italian PMGreece will not exit the eurozone regardless of the outcome of the country's referendum this weekend, Italian Prime Minister Matteo Renzi said.
03 July 2015
IMF: Greece needs 36 bn euros more from EUGreece 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
Defiant Greek PM vows referendum will go aheadGreek Prime Minister Alexis Tsipras vowed to press ahead with a controversial bailout referendum as European leaders ruled out any fresh debt offer before Sunday's vote.
Ukraine suspends Russian gas purchases in new price rowUkraine 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 credibilityNobody 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
Ireland says door remains open for Greece debt talksIrish Prime Minister Enda Kenny said that Greece can still return to negotiations with its international creditors to avert a default and possible exit from the euro.
Brazil's Petrobras slashes multi-year investment planBrazil'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.
30 June 2015
'Black Monday' in Greece as panic simmersIt 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.
Greece calls emergency financial council meetingThe 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.
IMF boss Lagarde says ready to 'consider' 2nd termChristine 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: VaroufakisCrisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated.
24 June 2015
Iran leader restates 'red lines' for nuclear dealIran's supreme leader Ayatollah Ali Khamenei restated his country's red lines for a nuclear deal in a dramatic intervention during a meeting with President Hassan Rouhani and top officials.
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