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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.

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

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.

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.

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 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 finance ministers declined to extend Greece's bailout Tuesday hours before its expiry and a possible IMF default.

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.

Chancellor Angela Merkel said that Germany won't enter into new aid negotiations with Athens before Greece's weekend referendum.

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.

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.

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 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.

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's finance minister played down the threat of Italy being hit by the fallout from market instability linked to the Greek crisis.

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 will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels.

Brazilian President Dilma Rousseff arrives in the United States for a long-delayed visit, looking to shore up economic ties.

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.

Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated.