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.
Defiant Greek PM vows referendum will go ahead
Greek 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.
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.
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.
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.
Merkel says won't discuss new Greek request before referendum
Chancellor Angela Merkel said that Germany won't enter into new aid negotiations with Athens before Greece's weekend referendum.
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.
Ireland says door remains open for Greece debt talks
Irish 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.
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.
Rousseff puts spy scandal behind her with US visit
Brazilian President Dilma Rousseff arrives in the United States for a long-delayed visit, looking to shore up economic ties.
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.
Iran leader restates 'red lines' for nuclear deal
Iran'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.
'Still a lot do on Greece': French PM
French Prime Minister Manuel Valls said that there is "still a lot of work to do" if Greece and its creditors are to reach an agreement to avert a possible default.
