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Greek banks to stay closed until Monday: finance ministry

Greek 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.

Greek banks to stay closed until Monday: finance ministry
Madrid's mantra: Spain is not Greece

Greece'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.

Madrid's mantra: Spain is not Greece
Merkel: 'still no basis' for talks on new Greek bailout

German 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.

Merkel: 'still no basis' for talks on new Greek bailout
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.

EU's Juncker wants 'to avoid Grexit'
'Can't take risk' of Greece leaving euro: French PM

France can't take the risk of Greece leaving the eurozone, which would have an effect across the globe, the prime minister said on Tuesday.

'Can't take risk' of Greece leaving euro: French PM
IMF 'ready to assist Greece if requested': Lagarde

International 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.

IMF 'ready to assist Greece if requested': Lagarde
'Europe without Greece? Joke,' says Greek foreign minister

Greek Foreign Minister Nikos Kotzias ruled out his country's exit from the EU and called for calm after Greek voters rejected bailout terms of international creditors.

'Europe without Greece? Joke,' says Greek foreign minister
Merkel, Hollande hold talks in Paris on Greek referendum

German Chancellor Angela Merkel arrived for a meeting with French President Francois Hollande to take stock of Greece's resounding rejection of its international creditor's bailout proposals in a referendum.

Merkel, Hollande hold talks in Paris on Greek referendum
Euro picks up after Greek finance minister quits

The euro rose after Greece's Finance Minister Yanis Varoufakis announced his shock resignation, just hours after the cash-strapped nation rejected creditors' austerity demands in a landmark weekend referendum.

Euro picks up after Greek finance minister quits
Yanis Varoufakis: Greece's 'erratic Marxist'

Yanis Varoufakis, Greece's finance minister resigned despite the government having secured a resounding victory in a weekend referendum.

Yanis Varoufakis: Greece's 'erratic Marxist'
Greek 'No' wins referendum with over 61% of votes: near-complete results

More than 61 percent of Greek voters rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum.

Greek 'No' wins referendum with over 61% of votes: near-complete results
Moscow sees Greece 'closer to euro exit' after bailout referendum

Greece has moved a step closer towards a eurozone exit as early results from a crucial bailout referendum suggested Greeks had overwhelmingly rejected creditors' demands for more austerity.

Moscow sees Greece 'closer to euro exit' after bailout referendum
President of the European Parliament Martin Schulz. ©RIA Novosti
Greece would need new currency if votes 'No': Schulz

Greece will have to introduce another currency if it votes 'No' in Sunday's referendum on its potential bailout terms, European Parliament president Martin Schulz said.

Greece would need new currency if votes 'No': Schulz
Tusk urges EU to avoid 'dramatic messages' on Greece vote

EU president Donald Tusk urged the bloc to avoid sending any "dramatic messages" even if the Greeks were to vote against bailout conditions in their weekend referendum.

Tusk urges EU to avoid 'dramatic messages' on Greece vote
Greek banks say have sufficient liquidity until Tuesday

Greek banks have enough liquidity up to their reopening as expected early next week after the country's bailout referendum at the weekend.

Greek banks say have sufficient liquidity until Tuesday
©REUTERS
Impact of Greek crisis on Kazakhstan

Kazakh experts have shared their opinions about the effect of the Greek debt crisis on Kazakhstan’s economy.

Impact of Greek crisis on Kazakhstan
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