Lagarde: A new Greece program needs debt restructureInternational Monetary Fund Managing Director Christine Lagarde said that a new program to prop up Greece's finances would require creditors to restructure debt.
09 July 2015
Greek banks to stay closed until Monday: finance ministryGreek banks will remain closed until Monday, the finance ministry said as the government raced to come up with a new proposal to present to creditors in a last-minute drive to avert a eurozone exit.
Putin welcomes BRICS leaders amid standoff with WestRussian President Vladimir Putin welcomed the leaders of emerging powers for a summit Moscow hopes will show it not isolated despite the standoff with the West over Ukraine.
09 July 2015
Putin hosts BRICS summit amid standoff with WestRussian President Vladimir Putin is to meet world leaders including China's Xi Jingping and India's Narendra Modi ahead of the start of a summit of the BRICS emerging economies.
08 July 2015
Madrid's mantra: Spain is not GreeceGreece's economic turbulence is dominating political debate in Spain ahead of a year-end general election, with the ruling conservatives pointing to Syriza's difficulties to discredit its Spanish ally Podemos.
08 July 2015
Flood of Londoners take to boats to escape housing costsRocketing housing costs in Britain's capital have fuelled a surge in Londoners seeking cheaper accommodation on boats, with increased numbers putting pressure on the city's historic network of rivers and canals.
08 July 2015
Serbian PM to go to Srebrenica for massacre anniversaryPrime Minister Aleksandar Vucic of Serbia said he would attend the 20th anniversary commemoration of the Srebrenica massacre this weekend in a bid to forge reconciliation.
08 July 2015
Merkel: 'still no basis' for talks on new Greek bailoutGerman Chancellor Angela Merkel said that there was still no basis for talks on a new Greek bailout, as she arrived in Brussels for an emergency summit of eurozone leaders.
EU's Juncker wants 'to avoid Grexit'European Commission head Jean-Claude Juncker said he was against an exit by Greece from the euro, even though Greeks massively rejected bailout terms in a referendum this weekend.
IMF 'ready to assist Greece if requested': LagardeInternational Monetary Fund chief Christine Lagarde said that the global crisis lender would assist Greece if asked, a day after Greek voters rejected a prior bailout plan.