Minister for Finance  Michael Noonan said dDebt restructuring has always been part of the discussion around how to deal with the Greek debt crisis.

Minister says there are several options on reprofiling and restructuring Greek debt

 New Greek finance minister Euclid Tsakalotos (centre) poses with president of eurogroup Jeroen Dijsselbloem (left) and France finance minister Michel Sapin (right) at the start of a special eurogroup finance ministers meeting on Greek crisis on Tuesday. Photograph: EPA

Juncker says: ‘what we are going to do today is to talk to each other and restore order’

European Commission vice-president Valdis Dombrovskis: European taxpayers had offered “unprecedented financial assistance” to Greece. Photograph: François Lenoir/Reuters

No vote deemed to ‘widen the gap’ between Greece and other euro countries

Yanis Varoufakis, Greece’s finance minister, exits a polling station after voting in the national referendum in Athens. Photograph: Yorgos Karahalis/Bloomberg

Greece finance minister has emergency meeting with country’s top bankers

No supporters celebrate near the Greek parliament in Syntagma Square, Athens on Sunday night. After a resounding No vote in the referendum  the focus will turn to Frankfurt and the ECB’s next move.   Photograph: Yannis Behrakis/Reuters

Dire state of Greek banks must be addressed before even bigger difficulty of third bailout

Greek prime minister Alexis Tsipras addresses  supporters during a  No campaign rally in Syntagma Square in preparation for Sunday’s referendum, on July 3rd, 2015 in Athens, Greece. Photograph:  Milos Bicanski/Getty Images

Tsipras urges voters to reject terms of bailout agreement offered by creditors

Yanis Varoufakis, Greece’s finance minister, who said on RTÉ radio yesterday that a Greek bailout deal was imminent. Photograph: Yorgos Karahalis/Bloomberg

Greek finance minister’s claim debt deal was ‘more or less done’ is dismissed

Klaus Regling: as director of the ESM he helps manage the bailout programme and loans. Photograph: Julien Warnand/EPA

The ESM will be the fulcrum of any new accord on funding for Athens

A woman walks past posters in Athens stating “No” ahead of Sunday’s referendum.  Photograph: Aris Messinis/AFP/Getty

Debt negotiations on hold pending outcome of Greece’s referendum

Anti-Euro protesters scuffle with riot police at the European Union representation offices in Athens, Greece, July 2nd, 2015. Photograph: Panayiotis Tzamaros/Reuters

Missed repayment and capital controls likely to have ‘significant adverse impact’

Police stand guard as a woman withdraws money from an  in Athens on Thursday  during a demonstration supporting the No vote for the upcoming referendum on Greece’s bailout terms. Photograph: Louisa Gouliamaki/AFP/Getty Images.

Days after default, IMF says Athens needs debt relief and €50bn in new financing

A woman watches Greece’s prime minister Alexis Tsipras’ TV announcement in a electronics shop in central Athens. The people will vote in a referendum on the rescue plan for their country on Sunday. Photograph: EPA

Alexis Tsipras offers big concessions to creditors but backtracks within hours

Alexis Tsipras, Greece’s prime minister: Syriza’s disastrous negotiating strategy also means the Greek public is being offered a deal they would have probably secured anyway. Photographer: Yorgos Karahalis/Bloomberg

The sorry tale of Greek bailout is a damning indictment of European monetary union

Greek prime minister Alexis Tsirpas delivers a televised address to the nation from his office at Maximos Mansion on Wednesday. Photograph: Getty

Tsipras’s acceptance of latest bailout proposal a surprise on day of turmoil and confusion

Nein, the German word for no, in a piece of graffiti displaying the European Union’s flag and a euro symbol on a street in Athens, Greece ahead of a referendum on the country’s bailout terms scheduled for this weekend. Greek prime minister Alexis Tsipras has indicated he’s ready to end his standoff with creditors. Photographer: Kostas Tsironis/Bloomberg

Analysis: Ahead of eurogroup talks on aid package, Greece’s PM finds himself in untenable position

Greek Prime Minister Alexis Tsirpas delivers a televised address to the nation from his office at Maximos Mansion  in Athens, Greece. Photograph: Getty

Eurogroup to wait for the outcome of the Greece referendum before any further talks

A worker at the State Printing Office in Athens packs printed ballot papers for Sunday’s referendum. Simela Pantzartzi/EPA.

Third bailout possible only after Greek referendum, says Merkel

Protestors gather during a demonstration in support of the European Union (EU) in Athens, Greece on Tuesday. Photograph: Bloomberg

Last-minute appeal to extend second Greek programme rejected on Tuesday night

Pro-Euro protesters hold a large European flag reading “Yes” in front of the parliament building in Athens on Tuesday evening. Photograph: Getty

Jeroen Dijsselbloem says country’s stance towards its creditors would have to change

Pensioners waiting outside a closed National Bank branch and hoping to get their pensions, argue with a bank employee in Iraklio in Crete. Photograph: Stefanos Rapanis/Reuters

France trying to get Greece back into negotiations as bailout nears expiration

European Commission President Jean-Claude Juncker gives a statement  on the situation in Greece, at the EU commission headquarters in Brussels. Photograph: Reuters/Yves Herman

US intervention shows geopolitical importance of Greek’s EU membership

A protester flashes a victory sign behind a Greek flag in front of the parliament building, during an anti-austerity rally in Athens, Greece. Photograph: Yannis Behrakis/Reuters

Thousands back government in Athens march

Greek Prime Minister Alexis Tsipras during a parliamentary session in Athens, Greece. Photograph: Milos Bicanski/Getty Images

Greece looks closer to exiting the euro than ever before – but it’s not over yet

The screen of an ATM at a branch of Greece’s National Bank announces that the withdrawal of money is not possible, in Athens this morning. Photograph: Orestis Panagiotou/EPA

Six months of Greek turmoil leading to possible Grexit?

People march in Athens  on June 28th, 2015 during a demonstration calling for a ‘No’ in the  referendum on funding proposals from Greece’s creditors and for Greece’s exit from the euro zone. Photograph: Louisa Gouliamaki/AFP/Getty Images

Coalition discusses contingency plans after chaotic breakdown in debt talks

Michael Noonan: ‘I thought there was a basis for a solution in the two papers.’ Photograph: Michel Euler/AP

European Commission publishes bailout proposal discussed before talks broke down

Greece’s prime minister Alexis Tsipras speaks at the country’s parliament. ‘Tsipras will have to resign if the referendum results in a signal of support for the euro’. Photograph: Kostas Tsironis/Bloomberg

Next 48 hours crucial after bailout extension refused and pressure on banks grows

People line up to withdraw cash on the Greek island of Crete on Sunday. Photograph: Stefanos Rapanis/Reuters.

Daily withdrawal limit of €60 to be imposed on bank machines on Tuesday as default draws closer

Greek finance minister Yanis Varoufakis attends a euro zone finance ministers emergency meeting in Brussels on Saturday. Photograph: Reuters

Michael Noonan suggests Greece impose a bank holiday on Monday as default looms

Peter Sutherland: said the migration crisis was a problem “which can only be dealt with collectively, not in isolation to one another”.  Photograph: Aidan Crawley

Agreement reached on voluntary basis, suggesting that some countries may not take part in the process

Greek prime minister Alexis Tsipras arrives at  the Maximos Mansion in Athens for a crucial governmental council meeting  yesterday evening. Photograph: Alkis Konstantinidis/Reuters

Euro finance ministers meet for fifth time in over week in latest bid for agreement

A lorry driver in Calais, France gestures at migrants as they  try to  board lorries bound for the UK on June 25th, 2015. Photograph: Jeff J Mitchell/Getty Images

Relocation move on the agenda but no official backing of mandatory proposal

 Greek prime minister Alexis Tsipras, Italian prime minister Matteo Renzi and German chancellor Angela Merkel share a light moment during the EU summit in Brussels. Photograph: Olivier Hoslet/EPA

Negotiations between Alexis Tsipras and country’s creditors break down again

European Commission president Jean-Claude Juncker and Greek prime minister Alexis Tsipras in Brussels. Tsipras phoned the Greek president on Thursday to brief him on the negotiations. Photograph: Julien Warnand/EPA

After all the wrangling, the next step will be up to the Greek government

TaoiseachEnda Kenny arrives for a European People’s Party (EPP) meeting  in Brussels. Photograph: Julien Warnand/EPA

Taoiseach predicts talks at Brussels summit will extend into weekend

 Greek prime minister Alexis Tsipras leaves by car after attending an emergency meeting with the heads of the three creditor institutions in Brussels. Photograph: Jasper Juinen/Bloomberg

Greece’s international creditors gave Athens ultimatum to come up with reform plan

 Greece’s prime minister Alexis Tsipras is welcomed by European Commission president Jean-Claude Juncker ahead of a meeting on Greece in Brussels. Photograph: Julien Warnand/EPA

EU summit is once again headlined by instability in euro zone’s most indebted state

British prime minister David Cameron, who is due to set out the UK’s plans for a renegotiation of its European Union membership at a summit on the Greek crisis. Photograph: Carl Court/Getty Images

British prime minister will lay out proposals for renegotiating membership at summit

Greece crisis: The Greek government said the institutions had tabled a proposal that transfers the burden of austerity to workers and pensions in a way that is “socially unfair”. Photograph: Getty Images

International Monetary Fund fears plans for €8bn adjustment overreliant on tax rises

Irish EU official Catherine Day is to step down as Secretary General of the European Commission at the end of August following almost 10 years in the role.  Photograph: Alan Betson / The Irish Times.

Irish official has been secretary general for almost a decade

Alexis Tsipras  said that some of the creditors had not yet accepted the latest Greek proposals, criticising the IMF in particular

EU ministers to gather in Brussels for last ditch Greece talks

The EU’s growing power in the field of data protection and internet regulation has divided member states, pitting a number of so-called “northern” countries including Ireland, Britain and the Netherlands against countries such as France and Germany. Photograph: PA

EU needs to get ‘regulatory balance right’

Pensioners gather in central Athens during their rally against austerity measures. Photograph: Louisa Gouliamaki/AFP/Getty Images

Euro zone finance ministers gather in third attempt this week to reach compromise

A pro European Union demonstration in Thessaloniki, Greece, Photographer: Konstantinos Tsakalidis/Bloomberg

Finance ministers keen to sign off on details but Tsipras faces dissent

Taoiseach Enda Kenny said European leaders attending a summit in Brussels yesterday agreed   Greece should remain within the euro zone. Photograph: The Irish Times

Greece has been granted a two-day reprieve in its campaign for new rescue loans

 Greece prime minister Alexis Tsipras (left) and European Commission president Jean-Claude Juncker ahead of an emergency leaders summit on Greece at the European Commission in Brussels, on Monday. Photograph: EPA

Athens submits revised funding proposal to creditors but crunch talks fail to yield solution

Germany’s finance minister Wolfgang Schäuble taking part in the emergency Eurogroup finance ministers meeting on Greece in Brussels. Photograph: Emmanuel Dunand/AFP/Getty Images

Frankfurt yesterday sanctioned a further liquidity injection for Greece’s banks

Taoiseach Enda Kenny arrives in Brussels for a Eurozone emergency summit on Greece. Photograph: Charles Platiau/Reuters.

Angela Merkel says ‘no basis’ for a decision on matter tonight as European leaders meet

European Central Bank sanctions further support for the Greek banking system

Prime minister Alexis Tsipras of Greece and president Vladimir Putin of Russia meet at an economic forum in St Petersburg, Russia, on Friday. Photograph: New York Times.

Kenny says time is running out to reach a solution, country getting close to ‘crisis time’

French finance minister Michel Sapin talks to his Greek counterpart Yanis Varoufakis (right) during an European Union finance ministers meeting in Luxembourg. Photograph: Francois Lenoir/Reuters

Frankfurt raises cap on emergency liquidity amid run on Greek lenders

Greek finance minister Yanis Varoufakis talks to International Monetary Fund managing director Christine Lagarde during the euro zone finance ministers meeting in Luxembourg on Thursday. Photograph: Reuters

Emergency summit of euro zone prime ministers called to deal with mounting crisis

Greek finance minister Yanis Varoufakis talks to  Minister for Finance Michael Noonan at  an annual meeting of the European Stability Mechanism (ESM) board of governors ahead of a eurogroup  meeting in Luxembourg on June 18th, 2015. Photograph: Francois Lenoir/Reuters

ECB consulted on contingency plans for potential Grexit, says Michael Noonan

A banner hangs in front of the Greek parliament during a pro-government rally calling on Greece’s European and IMF creditors to soften their stance in the cash-for-reforms talks in Athens. Photograph: Yannis Behrakis/Reuters

Standoff between Athens and its creditors continues as stock markets fall in Europe

A banner hangs over the Greek parliament during a rally calling on European and IMF creditors to soften their stance during cash-for-reforms talks in Athens on June 17th. Photograph: Reuters/Yannis Behrakis

Euro zone finance ministers meet, but fate of Greece in euro zone will likely be decided by ECB and Germany

European Economic and Monetary Affairs Commissioner Pierre Moscovici defended EU proposals made to Greece to resolve its debt crisis and said it was now up to Athens to propose alternative budget remedies if it preferred

Pierre Moscovici expects Ireland to engage constructively with a proposal to introduce a mandatory common tax base across the EU (...)

Migrants camp at the seaside near the French border in Ventimiglia, Italy. Hundreds of migrants have headed to Ventimiglia over the past days, as French border police started systematically turning back people crossing over illegally. Photograph: Luca Zennaro/EPA

Several member states oppose mandatory quota system for relocating refugees

Greek finance minister Yianis Varoufakis listens to prime minister Alexis Tsipras in Athens on Tuesday. Photograph: Louisa Gouliamaki/AFP/Getty

Alexis Tsipras vows not to accept deal that would hurt workers and pensioners

Minister for Data Protection Dara Murphy said that while Ireland would have preferred stronger filters to reduce and qualify what type of cases could be taken to an appeal board, he was happy with the two-year review clause in the proposal.  Photograph: Daragh Mac Sweeney/Provision

Agreement on common position means final deal is expected before the end of the year

Greek prime minister Alexis Tsipras has called on the EU and IMF to “accede to realism” and end the “vicious cycle of austerity” in an attempt to increase pressure on the country’s international lenders. Photograph: Alkis Konstantinidis

Tsipras accuses negotiators of ‘looting’ and ‘pillaging’ beleaguered state

 Minister for Data Protection Dara Murphy has said Facebook’s plans to build a European data centre in Co Meath are “very encouraging.” Photo: Bloomberg

Social network to submit planning application for €200m data centre

Minister of State Dara Murphy: said Irish authorities would continue to regulate companies located here. Photographer: Dara Mac Dónaill

Final agreement expected on proposed data protection legislation by end of year

Sigmar Gabriel, the leader of German chancellor Angela Merkel’s junior coalition partner, the Social Democrats, said that, while he wanted to keep Greece in the euro, patience was wearing thin. Photograph: Fabrizio Bensch/EPA

Greece making negotiation process ‘look ridiculous’, says German vice-chancellor

Tourists stand under a Greek national flag atop the Acropolis hill in Athens, June 14th, 2015. Greek prime minister Alexis Tsipras said he was willing to accept unpalatable compromises to secure a deal with international creditors provided he gets debt relief in return, something that Germany refuses to countenance. Photograph: Kostas Tsironis/Reuters

Discussions between Greek officials and negotiators end prematurely in Brussels

Greece’s prime minister, Alexis Tsipras, in his office in Athens yesterday. Photograph: Alkis Konstantinidis/Reuters

IMF withdraws but Athens still insists bailout negotiations remain on track

Battlefield: French Cuirassiers charge Scottish Highlanders – in a defensive square formation – at the Battle of Waterloo  on June 18th, 1815. From the original painting by Henri Félix Philippoteaux. Photograph: Hulton/Getty

Irish was spoken at the Battle of Waterloo in 1815, and bicentennial events will recognise the heavy involvement of troops from Ir(...)

Greek prime minister Alexis Tsipras  leaving  European Council headquarters  in Brussels, Belgium on June 11th, 2015. Photograph: Yves Herman/Reuters

European markets stunned as delegation returns to Washington

The European Parliament has called on the outgoing head of Fifa Sepp Blatter to resign with immediate effect, arguing that the international football federation should appoint an interim president.   File photograph: Ruben Sprich/Reuters

European Parliament condemns recent revelations of corruption in the organisation

Greek prime minister Alexis Tsipras leaving the European Council headquarters on the first day of an EU-CELAC Latin America summit in Brussels, Belgium June 11, 2015. European leaders realise Greece needs a viable solution to its debt crisis that allows the country to return to growth, Mr Tsipras said. Photograph: Yves Herman/Reuters

But all sides pledged to intensify efforts to find a solution to the Greek impasse

The IMF has lent  nearly one-third of the total €240 billion loaned to Greece,  with the rest coming from euro zone governments and the bloc’s rescue fund.

Analysis: IMF has lent more to Athens than any other borrower, has no control of programme

European Commission president Jean-Claude Juncker (right) speaks to Hungary’s prime minister Viktor Orban before the Eastern Partnership summit session in Riga, on May 22nd. Mr Juncker smilingly greeted Mr Orban with the words: “Hello dictator”. Photograph: Ints Kalnins/Reuters

Jean-Claude Juncker’s ‘Hello dictator’ greeting reveals an uncomfortable truth

In Brussels on Wednesday, Taoiseach Enda Kenny indicated the Commission of Inquiry into IBRC may extend beyond December. Photograph:  Etienne Laurent/EPA

Dáil backs inquiry terms of reference after row over whether they could cover latest claims

German chancellor Angela Merkel shakes hands with Greek prime minister Alexis Tsipras at the start of a Latin America summit in Brussels, Belgium on Wednesday. Photograph: Reuters

Germany reported to be in favour of staggered aid deal to Greece

Taoiseach Enda Kenny has said: “The wider you make the terms of reference (of the IBRC inquiry)  the more work there is to be done and it’s not going to be easy work.”  Photograph: Ryan Byrne/Inpho

Mr Justice Daniel O’Keeffe to oversee the Commission of Investigation

Greek prime minister Alexis Tsipras appeared to lose the only political friend he had left in Europe when European Commission president Jean-Claude Juncker refused to take his call. Photograph: Louisa Gouliamaki/AFP/Getty

Greece needed reform, but cuts should have been imposed over a longer period

Greek prime minister Alexis Tsipras:  has urged his Syriza party to support him in the coming “crucial days”. Photograph: Alkis Konstantinidis/Reuters

Greece submits revised bailout plan to Brussels with new primary surplus targets

Seán Kelly, the only Irish MEP on the international trade committee, said he believed that the deal could open-up huge opportunities for Irish small and medium enterprises.

Sides disagree about the inclusion of an investor protection clause

The EU’s sanctions on Russia are already yielding results, the European Parliament has been told, as MEPs urged the European Council to extend sanctions at a leaders’ summit later this month.

MEPs called on EU leaders to maintain economic pressure on Russia

Greece’s prime minister Alexis Tsipras. Mr Tsipras warned international lenders not to impose ‘humiliating’ terms on Greece. Photograph: Alkis Konstantinidis/Reuters

Tsipras says terms presented to government represent ‘a bad moment for Europe’

Greek Prime Minister Alexis Tsipras: Locked in a stand-off with international creditors. Photograph: Alkis Konstantinidis/Reuters

Alexis Tsipras is playing a dangerous game of brinkmanship with the IMF

More than four months after a Syriza-led government swept to power in Athens, Greece is facing a cash-crunch as negotiations with EU and IMF lenders about a fresh reform package have foundered.

Phone call comes less than 24 hours after Greece postpones IMF payment

Members of the public read newspaper reports about the growing Greek debt crisis in Athens. Photograph: Orestis Panagiotou/EPA

Increasing signs of backlash facing Greek PM from his party over reform deal offered

Greek Prime Minister Alexis Tsipras will address the Greek parliament on Friday on the latest developments in the bailout negotiations. Photograph: Kostas Tsironis/Bloomberg

IMF confirms Greece plans to pay all €1.6bn June payments at end of month

British PM David Cameron’s proposed referendum aims to resolve ambivalence towards Brussels or at least close divisions that have dogged the Conservatives for decades. Photograph: Getty Images

Scottish support for EU membership adds to the British prime minister’s calculations

Greek prime minister Alexis Tsipras  flew into Brussels to meet with European Commission president Jean-Claude Juncker on Wednesday ahead of the IMF repayment deadline. Photograph: Francois Lenoir/Reuters

Greek PM aims to agree on a reform package before IMF repayment deadline

Greek prime minister Alexis Tsipras submittted a new refrom proposal to the troika on Monday. Photograph: Angelos Tzortzinis/AFP/Getty Images

Alexis Tsipras submits proposals after meeting with political and troika leaders

Scotland First Minister Nicola Sturgeon: Most Scots favour staying in the EU. Photograph: Yves Herman/Reuters

First minister says Scotland cannot leave union ‘against its will’

Greece’s prime minister Alexis Tsipras: the Greek government is struggling to meet regular pension and wage bills as well as repayments to international lenders. Photograph: Simela Pantzartzi/EPA

Goldman Sachs warns Greece may default on some debt or hold referendum

Greek prime minister Alexis Tsipras’s government has ordered local authorities to transfer cash reserves to the central bank as the country struggles to meet public sector wage and pension payments. Photograph: Alkis Konstantinidis/Reuters

Tsipras criticises creditors, says his government has made compromises

Nick Clegg, former deputy British prime minister,  is among 89 European Union politicians and other senior figures who have been banned from entering Russia. Photograph: PA

Foreign ministries demand explanation after 89 senior European figures barred from entry

European ombudsman Emily O’Reilly: “Twenty one per cent of complaints last year related to a lack of transparency within the European institutions. EU laws and regulations are supposed to be enacted in a transparent way.” Photograph: Nick Bradshaw

Lack of transparency in EU institutions the main source of worry, says EU ombudsman

Negotiations are ongoing between Greek officials and representatives of the European Commission, the European Central Bank and the IMF. Photo: Bloomberg

Greece is locked in negotiations with lenders about a new bailout package

Danish prime minister Helle Thorning-Schmidt – flanked by British PM David Cameron – whose decision to call an early general election marks the latest spate of electoral activity across Europe. Photograph: Francois Lenoir/AP Photo

Success of Eurosceptic parties shows desire for change felt by many citizens across EU

EU migration commissioner Dimitris Avramopoulos at a press conference in Brussels on Wednesday to announce plans for other EU member states to take 40,000 migrants from Italy and Greece. Photograph: Emmanuel Dunand/AFP/Getty Images

Ireland retains right to opt out from scheme announced by European Commission

European Commission president Jean-Claude Juncker. The commission is proposing that a mandatory common corporate tax base be introduced on a staged basis. Photograph: Ints Kalnins/Reuters

Brussels competition arm investigating Ireland for use of ‘comfort letters’ to companies

British minister for Europe David Lidington: set out Britain’s preliminary plans for renegotiation of EU membership. Photograph: Olivier Hoslet/EPA

David Lidington briefs Ministers in Dublin ahead of Kenny-Cameron talks in London

Greece’s interior minister, Nikos Voutsis: ‘The four instalments for the IMF in June are €1.6 billion. This money will not be given, and is not there to be given.’ Photograph: Alexandros Vlachos/EPA

Athens unable to repay IMF unless accord struck with creditors, says Nikos Voutsis

British prime minister David Cameron president of the European Commission Jean-Claude Juncker  at the Eastern Partnership Summit in Riga last week. They meet for formal discussions today. Photograph: Valda Kalnina/EPA

British prime minister seeks support for renegotiation of membership of union

European Commission president Jean-Claude Juncker (left), Ukraine’s president Petro Poroshenko and Latvia prime minister Laimdota Straujuma before the Eastern Partnership summit session in Riga, Latvia, on Friday. Photograph: Reuters/Ints Kalnins

EU seeks to demonstrate its commitment to former Soviet bloc countries to its east without inflaming tensions with Moscow

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