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Prime Minister of Malaysia Najib Tun Razak. ©RIA Novosti
Malaysian PM dismisses funds report as 'political sabotage'

Malaysia's premier Najib Razak on Friday dismissed as "political sabotage" a report that a probe into a state-owned investment fund had found hundreds of millions of dollars were transferred to his personal bank accounts.

Malaysian PM dismisses funds report as 'political sabotage'
Greece won't leave eurozone, says Italian PM

Greece will not exit the eurozone regardless of the outcome of the country's referendum this weekend, Italian Prime Minister Matteo Renzi said.

Greece won't leave eurozone, says Italian PM
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.

IMF: Greece needs 36 bn euros more from EU
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.

Defiant Greek PM vows referendum will go ahead
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.

Greece: IMF says payment delays no help to nations in 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.

Ukraine suspends Russian gas purchases in new price row
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.

Eurozone refuses Greek bailout extension, more talks Wednesday
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.

EU to help 'frontline' Hungary cope with migrant wave: official
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.

Merkel says won't discuss new Greek request before 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.

Greek default poses new challenge to IMF 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.

Ireland says door remains open for Greece debt talks
Foreign Minister Sergei Lavrov. ©REUTERS
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.

Moscow hopes Brussels will avoid 'negative scenarios' over Greece: Lavrov
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.

Brazil's Petrobras slashes multi-year investment plan
'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.

'Black Monday' in Greece as panic simmers
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.

Italy does not fear Greek contagion: finance minister
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.

Greece calls emergency financial council meeting
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.

Greek PM calls referendum on bailout for July 5
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.

Rousseff puts spy scandal behind her with US visit
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.

IMF boss Lagarde says ready to 'consider' 2nd term
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.

Greece in 'final stretch' of talks: Varoufakis