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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.
The president of the European Commission will make his latest proposals later to try to avoid a Greek default, adding that Athens was 'centimetres' away from a deal when discussions broke down.
Italy's finance minister played down the threat of Italy being hit by the fallout from market instability linked to the Greek crisis.
EU foreign policy chief Federica Mogherini said all sides had shown the political will needed to strike a nuclear deal with Iran, praising the "good results" despite a day of tough talks.
Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated.
Austria will next week officially file a legal complaint in Brussels against state subsidies for Britain's planned new Hinkley Point nuclear power plant.
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.
EU foreign ministers formally approved the launch of the first phase of a military operation to target people smugglers in the Mediterranean.
Eurozone finance ministers will meet again in a bid to reach a final bailout deal for Greece ahead of an EU leaders' summit the following day.
EU foreign ministers formally agreed to prolong to January 2016 damaging economic sanctions against Russia to ensure it fully implements Ukraine peace accords.
Greece does not want any more help from the IMF, minister of state Nikos Pappas said on the eve of a summit.
The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus.
European Commission chief Jean-Claude Juncker voiced frustration with Greek Prime Minister Alexis Tsipras in a media report amid the deepening debt crisis.
EU member states agreed to extend damaging economic sanctions against Russia over the Ukraine crisis by another six months to the end of January 2016.
IMF chief Christine Lagarde warned that a resolution to five months of tortuous debt talks with Greece required "adults in the room" in an apparent sideswipe at Greek officials.
Moscow will extend its embargo on European Union agricultural products but is unlikely to go further if the EU extends sanctions as expected.
Greek Prime Minister Alexis Tsipras called European Commission chief Jean-Claude Juncker, their first contact on the stand-off over a bailout deal since last week.
Italy and France engaged in a war of words as a standoff over hundreds of Africans offered a graphic illustration of Europe's migration crisis.
Crunch bailout talks between Greece and its EU-IMF creditors ended without a deal on Sunday, with a "significant gap" still remaining.
Greece's creditors piled pressure on cash-strapped Athens as the IMF pulled its team out of talks and the EU warned Athens to stop gambling with the possibility of default.
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