Michael Noonan at the start of the Eurogroup finance ministers meeting at the European Convention Centre in Luxembourg. Photograph: Julien Warnand/EPA

The European Commission sounded an early warning to member states about their responsibilities under Stability and Growth Pact rules, as it advised S(...)

Greek prime minister Alexis Tsipras (right):  has told his electorate he will comply with the terms of the three-year bailout. Photograph:   Louisa Gouliamaki

Euro zone finance ministers gather in Luxembourg for two days of scheduled meetings that are expected be dominated by Greece, with finance minister(...)

European Stability Mechanism managing director Klaus Regling: ‘The Greek government should sell what has happened already – and what might have been – very positively to their electorate.’ Photograph: Julien Warnand/EPA

Peter Spiegel in Brussels The head of the euro zone’s €500 billion bailout fund has played down expectations that Greece will be granted large-scale (...)

Former greek finance Minister Yanis Varoufakis speaks during the 43rd annual Fete de la Rose political meeting last August  in Frangy-en-Bresse, France. Photograph:  Jean-Philippe Ksiazek/AFP/Getty Images

Former Greek finance minister Yanis Varoufakis will open the upcoming Kilkenomics festival, economist amd journalist David McWilliams has announced. T(...)

Italy’s prime minister Matteo Renzi: Made off-the-cuff remarks to party members. Photograph: Olivier Morin/AFP/Getty Images

Italian prime minister Matteo Renzi yesterday found himself caught up in bitter exchanges with former Greek finance minister Yanis Varoufakis followin(...)

 Italian prime minister Matteo Renzi said Labour party will struggle with  Jeremy Corbyn as its new leader. Photograph: EPA

Britain’s opposition Labour party has committed electoral suicide by picking left-winger Jeremy Corbyn as its new leader, Italian prime minister Matt(...)

Alexis Tsipras arrives at the presidential palace in Athens on Monday. Photograph: Yorgos Karahalis/Bloomberg

Euclid Tsakalotos is to be reappointed as Greek finance minister in Alexis Tsipras’s new cabinet, a senior source in the leftist Syriza party said on (...)

Leftist Syriza leader and winner of Greek general election Alexis Tsipras is sworn in as prime minister by Greek President Prokopis Pavlopoulos. Photograph: Alkis Konstantinidis/Reuters 1:21

On a day that saw Sunday’s glorious late summer weather take a sharp turn for the worse, with storms and floods hitting most parts of Greece, Alexis T(...)

In persuading Greek voters once again to accept the unpalatable medecine of austerity and cutbacks to secure its €86 billion bailout, prime minister A(...)

Volkswagen tempered gains, tumbling 19 per cent after admitting to systematically cheating on US air pollution tests for years. 

European stocks rebounded from their worst drop in two weeks, led by advances in health-care and utility shares. Volkswagen tempered gains, tumbling (...)