Statement from bank explains that "new leadership is required to accelerate the pace of execution going forward."» Read More
The threat to the euro area from the Greek crisis and an increasing excess supply of the euro liquidity has driven the dollar up 20% against the euro.
As the debt crisis escalates, Australia is experiencing its biggest influx of Greek migrants since the boom post World War II.
Giorgos Stathakis said he hopes to receive a positive message from European Union leaders later in reference to the country's strained finances.
Greece has until Friday to produce a new reform plan, before all EU leaders meet on Sunday to decide whether to accept the proposal.
Economist Thomas Piketty contended that Europe needs to forgive Greek debt or live with possibly dire consequences.
All 28 heads of state from the EU expect to meet on Sunday to discuss Greece's proposals for reform, Germany's Merkel said.
Paris would “have a card to play” as a new European financial hub should Britons vote to quit the 28-country union, leading players in the city’s financial scene told CNBC.
With Greece and Puerto Rico’s debt-wrangling in the spotlight, CNBC takes a look at what happens when countries fail to repay their debts.
A new peer-to-peer lending platform is getting personal with its latest service by focusing on financing between family and friends.
Greece shouldn't look to its shipping industry to help raise the tax revenues it desperately needs, an industry expert has warned.
We need to look ahead at the implications of the weekend's referendum and the resignation of fiery finance minister Yanis Varoufakis.
The high-stakes talks between Greece and its creditors have drawn attention to the game theory studied closely by Greece's former finance minister.
The euro slipped against a stronger dollar, falling over 1 percent after the European Central Bank toughened up on Greek banks.
David Cameron led sombre tributes as Britain commemorated the 10th anniversary of attacks that killed 56 people in London.
HSBC has fired six members of its U.K. staff after they posted a video featuring an Islamic State-style mock execution.
Sovereign wealth fund is to invest up to $10 billion over the next five years, in a move signalling a thawing in relations.
Greece will have to "confront an exit from the euro," Beppe Grillo told CNBC -- and Italy should follow suit.
British retailer Marks & Spencer reported a dip in first-quarter underlying sales in its clothing, footwear and homewares business on Tuesday.
Athens has a last chance to present new reforms to eurozone leaders, despite a hardening attitude after Greece's rejection of previous bailouts, the FT reports.
There's a 60 percent chance Greece will stay in the euro zone because a return to the drachma would be even worse, billionaire Wilbur Ross tells CNBC.
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European equities opened higher on Wednesday as creditors gave Greece a final deadline to come up with viable reform proposals.
CNBC's Wilfred Frost previews the U.K. Conservative government's first Budget since winning a majority in May's national election
Vassilis Korkidis, president of the National Confederation of Hellenic Commerce, says he is concerned that businesses could pull out of Greece.