The current confrontation will shape resistance to austerity - and the future of the whole of Europe.
What should be a financial matter has become a political stick to punish the country.
Oil prices recovered after Iran nuclear talks extended until July 7, despite uncertainty over the Greek financial crisis, analysts said.
Alexis Tsipras and his creditors sparred heading into Sunday's referendum on austerity as a poll suggested voters are inclined to accept deeper cuts.
European leaders wait for signs that Prime Minister Alexis Tsipras is ready to compromise as Greece fails to make its IMF payment.
Referendums settle matters definitively, right? Not in Greece. Both outcomes next Sunday would raise as many questions as they answer.
Markets across the world tumble as Greece orders its banks to shut for a week and imposes capital controls after its citizens emptied ATMs.
Greece's Alex Tsipras publishes a decree in the official government gazette setting out the capital controls to be imposed on the country.
ECB president Mario Draghi willingly giving Greece negotiating room while cash drains from the banking system has riled those who had a tougher ride.
As bank withdrawal limits in Greece plummet, citizens have been thinking up contingency plans for 'in case'.
Greece faces a week of urgent diplomacy to free up bailout aid and avert a potential default as world leaders press for a resolution to the standoff.
The euro leapt, Greek bond yields fell, but nothing actually changed in another day of talks with international creditors.
Greece will not be able to pay the International Monetary Fund on June 5 unless foreign lenders disburse more aid to the debt-ridden country.
Greece, who is trying to reach a deal with EU-IMF creditors, says the invitation is a “happy surprise” and they will further consider the proposal.
An unusual internal report links shrinking union power to growing inequality – but don't be fooled.
By lending Greece money, eurozone members bear some responsibility for the plight of the beleaguered country.
EU paymaster Germany criticised the Greek proposal as "not a substantial solution" as it failed to fulfil bailout conditions.
Economic decisions by Athens's leader may push Greeks to vote for the neo-fascist Golden Dawn.