A trader watches his screen on the floor of the New York Stock Exchange yesterday. US stocks fluctuated, after the Standard and Poor’s 500 Index produced its biggest two-day gain since April, as investors watched geopolitical developments and energy shares sank. Photograph: Reuters

Both European and US stocks fell with the euro amid concern over conflicts in Ukraine and the Middle East. German investor confidence, reported by the(...)

An Athens’ metro construction worker places reinforcement bars at the Agia Varvara worksite in eastern Athens. Photograph: Alkis Konstantinidis/Reuters

Greece’s economy should grow 0.7 per cent this year, pulling clear of a six-year recession, but its soaring unemployment rate is likely to drop less t(...)

The government aims to raise €2 billion in a sale of five-year bonds, banking sources said. Photograph: Yiorgos Karahalis/Reuters

Greece is planning to return to the international bond market this month, four years after it became the first euro zone country to be bailed o(...)

The agreement is  a much-needed shot in the arm for prime minister Antonis Samaras

Greece and its international lenders struck a deal to unlock the next tranche of loans under its rescue package on Tuesday, ending six months o(...)

Last year’s cuts of 5,500 bank branches across the European Union came after 7,200 branches were axed in 2011, according to data from the European Central Bank. Photograph: Krisztian Bocsi/Bloomberg

Banks cut 5,500 branches across the European Union last year, 2.5 per cent of the total, leaving the region with 20,000 fewer outlets than it had when(...)

A travelling bank bus drives down the road after making its monthly call on customers in the village of Maderuelo, central Spain. Photograph: Sergio Perez/Reuters

Banks cut 5,500 branches across the European Union last year, 2.5 per cent of the total, leaving the region with 20,000 fewer outlets than it had when(...)

A Russian resident in Cyprus holds a tablet with a picture of Russian president Vladimir Putin during a protest outside the Cypriot parliament yesterday. Photograph: Petros Giannakouris/AP

The Cypriot parliament was last night set to vote on a Bill for restructuring the country’s second (...)

Cyprus’s  failure to get a deal from Russia left it looking foolish and desperate and altered the deadlock’s power dynamics, despite the diplomatic language used by prime minister Dmitry Medvedev yesterday in a press conference with European Commission president José Manuel Barroso. Photograph: Reuters Cyprus’s failure to get a deal from Russia left it looking foolish and desperate and altered the deadlock’s power dynamics, despite the diplomatic language used by prime minister Dmitry Medvedev yesterday in a press conference with European Commission president José Manuel Barroso. Photograph: Reuters

The week began with sketchy details of a Cypriot bailout trickling out of Brussels in the early hours of Saturday. It ended with chaos and ange(...)