Ukraine intends to postpone debt payments for 24 months

Ukraine intends to postpone repayment of its Eurobonds and payments of interest on them for 24 months from August 1, according to a government resolution.

Germany says IMF plans to stay involved in Greece bailout talks

The International Monetary Fund's chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks about further aid for Greece, a spokesman for Schaeuble said Friday.

German ultimatum to Greece: Reform or leave Eurozone

German Finance Minister Wolfgang Schaeuble told Greece to carry out unpopular reforms if it wants to stay in the Eurozone, ruling out debt relief for Athens. The warning may signal yet another emergency in the continent already beset by multiple crises.

US president Obama ends Athens visit with message of hope, ode to democracy

US President Barack Obama ended his two-day visit to Athens on Wednesday with a message of hope for Greek people and an ode to democracy, before departing for Germany, the next stop of his European tour.

Melbourne home to thousands of Greeks fleeing debt crisis

Thousands of Greek nationals are fleeing their home country to come to Australia, with many choosing to settle in Melbourne, local media reported on Wednesday.