Greece votes in referendum with future in euro in doubt
Greece votes in referendum with future in euro in doubt

Greece votes on Sunday on whether to accept more austerity in exchange for international aid, in a high-stakes referendum likely to determine whether it leaves the euro-currency area after seven years of economic pain.

Greece becomes first developed nation to default on IMF

Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund.

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Obama, Merkel say `critically important` for Greece to resume reforms: White House

US President Barack Obama and German Chancellor Angela Merkel on Sunday agreed that Greece needed to find its way back to a path of reform and avoid an exit from the eurozone, the White House said.

Varoufakis says `Merkel holds key` to Greek crisis

Greek Finance Minister Yanis Varoufakis said Sunday that German Chancellor Angela Merkel "holds the key" to resolving his country`s crisis, while stressing Athens remains open to further talks with international creditors.

Angela Merkel urges Greece to accept `extraordinarily generous` offer
Angela Merkel urges Greece to accept `extraordinarily generous` offer

German Chancellor Angela Merkel urged Greece on Friday to accept an "extraordinarily generous" offer from its EU-IMF creditors, which includes at least 12 billion euros ($13.4 billion) in further rescue cash over the next five months.

Divisions remain on Greece as officials meet for last push

Greece's leader was trying to bridge differences with creditors today on a plan to make more reforms in Greece in exchange for bailout loans the country needs to avoid a potentially disastrous default next week.

Palestinians seize former premier`s funds: Office

The Palestinian Authority has seized the funds of an NGO headed by ex-prime minister and former IMF and World Bank official Salam Fayyad, his office said on Tuesday.

Emergency Greece summit possible at weekend: Sources

 European leaders are considering holding an emergency summit on Greece this weekend but any decision will depend on the outcome of a meeting of finance ministers this Thursday, sources said.