Greece’s four systemic banks are together expected to need between €10 billion and €25 billion in capital from the latest bailout

Greece’s banking stocks plunged for the second day in a row on Tuesday, dragging the main Athens index down and reflecting the country’s continuing fi(...)

US president Barack Obama: why have the human consequences of economic troubles been muted? The main answer is that Puerto Rico is part of the US fiscal union. Photograph: Uri Gripas/AFP/Getty Images

On Friday the government of Puerto Rico announced it was about to miss a bond payment. It claimed that, for technical legal reasons, this wouldn’t be (...)

The stock exchange in Athens: National Bank of Greece, a benchmark stock, was down 30 per cent  a few minutes after it reopened. Photograph: Aris Messinis/AFP/Getty Images

Shares on the Athens stock exchange tumbled after the bourse reopened following a five-week shutdown as new evidence emerged on the damage to Greece’s(...)

A Greek flag is pictured outside the Athens Stock Exchange in Athens Photograph:  Aris Messinis/AFP/Getty Images

Greece’s stock market closed with heavy losses on Monday after a five-week shutdown brought on by fears that the country was about to be dumped from (...)

Migrants walk near the Eurotunnel rail terminal in Coquelles near the northern French port of Calais. The European Union is offering funds and aid to help France cope with growing numbers. Photograph:  Francois Lo Presti/AFP/Getty Images.

The European Union is offering funds and aid to help France cope with growing numbers of migrants near the northern city of Calais. It comes as thousa(...)

Greek prime minister Alexis Tsipras: the country’s economy has  reversed the gains it was making before he   was elected. Photograpjh: Orestis Panagiotou/EPA

Greece’s stock market fell sharply on Monday after being shut down for five weeks under capital controls imposed by the government in Athens to sto(...)

Migrants who were blocking the Eurotunnel ramp for trucks  are pushed back by policemen at Coquelles near Calais. Photograph: Pascal Rossignol/Reuters

Britain and France have urged other EU states to help them tackle the growing crisis in northern France caused by thousands of migrants seeking to mak(...)

German finance minister Wolfgang Schauble: floated temporary exit idea during talks to clinch a deal to keep Greece in the bloc. Photograph: Thierry Charlier/AFP/Getty Images

French finance minister Michel Sapin has criticised his German counterpart Wolfgang Schaüble for suggesting Greece could temporarily leave the euro zo(...)

Each Saturday on we'll report on couples’ love stories. We'll tell the tales and show the pictures of these fabul(...)

 European Council President Donald Tusk:  “I am really afraid of this ideological or political contagion, not financial contagion, of this Greek crisis”. Photograph:  EPA/JULIEN WARNAND

A spectre is haunting Europe following the economic and financial upheavals of recent years and that spectre is political chaos. In Ireland it is evid(...)