Aer Lingus shed some of the gains it made on Thursday on the back of reports the Government was close to agreeing to sell the State’s stake to  IAG. Photograph: Alan Betson

European stocks slid on Friday as concern over the impact of Greek debt was exacerbated by declines in the US and Asia. A two-hour blackout at news a(...)

Rescued migrants after they disembark at Corigliano harbour, Italy, this week. Since April 10th alone, the Italian coast guard has rescued about 8,500 people. Photograph: Francesco Arena/EPA

Eighteen months on from the Lampedusa tragedy, which saw 366 migrants lose their lives off the Italian island, Europe’s migration problem shows no (...)

Greece has  dismissed reports that it needs to tap remaining cash reserves to meet salary payments  Photograph: Reuters

Greece’s major creditors are not ready to let the country drop out of the euro as long as prime minister Alexis Tsipras shows willingness to meet a(...)

Germany’s Dax, down 1.9 percent, underperformed the wider market, after a recent sharp rally and as the euro gained against the dollar. Photograph: Reuters/Pawel Kopczynski

European stocks slipped on Thursday due to Greece’s worsening financial predicament, while euro zone government borrowing costs, including Ireland’(...)

An al Nusra front fighter carries his brigade’s flag in Idlib city, after they took control of the area in March. Photograph: Ammar Abdallah/Reuters

A Columbus, Ohio, man who trained with Islamic militants in Syria has been arrested and charged with supporting terrorism and making false statements.(...)

Yanis Varoufakis, Greece’s finance minister, speaks during a panel discussion at the Brookings Institution on the sidelines of the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington  Photograph: Andrew Harrer/Bloomberg

Greek finance minister Yanis Varoufakis promised to compromise in negotiations over the next instalment of a bailout loan that would prevent a default(...)

Miners and supporters hold a banner and shout slogans during a protest in front of the parliament building in Athens Photograph: Reuters

Greece’s bonds tumbled, pushing 10-year yields to the highest in more than two years, as pressure mounted on the southern European nation to secure(...)

German finance minister Wolfgang Schauble speaks at the Council on Foreign Relations in New York. Photograph: Brendan McDermid/Reuters

Greece’s European creditors intensified pressure on the indebted nation yesterday, warning the Greek government that a deal is unlikely at next week(...)

 Mario Draghi, president of the European Central Bank (ECB) during a press conference following the meeting of the Governing Council in Frankfurt . Photograph: Daniel Rolanddaniel

The European Central Bank left interest rates unchanged on Wednesday, holding them at record lows as its money-printing scheme shows early signs of pe(...)

A Greek default would represent an unprecedented shock to Europe’s 16-year monetary union only five years after Greece received the first of two EU-IMF bailouts adding up to a combined €245 billion.

Greece is preparing to take the dramatic step of declaring a debt default unless it can reach a deal with its international creditors by the end of A(...)