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European stocks are rallying on the news that Greece has started crafting a "staff level accord" with its international bailout supervisors.
U.S. Treasury Secretary fears a Greek "accident" and warned that the country and its creditors needed to "double down" their efforts.
High-ranking FIFA officials were arrested as part of a U.S. investigation into corruption, with a separate Swiss investigation launched into World Cup bids.
German consumers are now more optimistic since the GfK group started compiling its forward-looking consumer confidence index.
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Joe Oliver, finance minister of Canada, tells CNBC that countries must take critical steps to improve growth, with particular comment on the Greek crisis.
European stock markets ended sharply higher Wednesday after hints that Greece may have edge closer to finalizing a deal with its euro zone creditors.
CNBC's Phil Han reports on the arrest of several senior FIFA officials in Zurich who were part of a $100 million corruption probe.