Greece's situation is 'urgent', and the country must help itself, ECB chief Mario Draghi said on Saturday.
As many as 700 people were feared dead after a fishing boat packed with migrants capsized off the Libyan coast overnight, officials said on Sunday.
The U.S. Treasury Secretary is urging Greece to reach a deal with its creditors, warning that a default would damage the world economy.
Greece is bankrupt and should default, well-known investor Marc Faber told CNBC Friday, arguing that a "geopolitical game of chess" was being played.
Get the best of CNBC in your inbox
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.