Greek finance minister Yanis Varoufakis: appeared to offer some concessions ahead of yesterday’s meeting, which was attended by Minister Michael Noonan. Photograph: Alkis Konstantinidis

Greece won little leeway from creditors at a eurogroup meeting in Riga yesterday, as senior European Union officials warned that the country must acc(...)

Alexis Tsipras met the head of Russia’s state-owned gas company Gazprom on Tuesday amid signs a commitment to building a joint pipeline between the Black Sea and Greece may be in the offing. Photograph: Louisa Gouliamaki/AFP/Getty Images

Greek prime minister Alexis Tsipras is expected to discuss the escalating Greek standoff with German chancellor Angela Merkel tomorrow in Brussels, ah(...)

Italian prime minister Matteo Renzi whosaid the collapse of post-Gadafy Libya was one of the main reasons behind the Mediterranean migrant crisis. Photograph: EPA

The absence of a coherent ‘plan B’ for post-Gadafy Libya is one of the main problems behind the Mediterranean migrant crisis, according to Italian pri(...)

Billboard in central Athens: Greece aims for a deal with creditors, but will not back down on red-line issues. photograph: reuters/alkis konstantinidis Photograph: Reuters/Alkis Konstantinidis

As the Greek Easter holiday period – Easter Sunday fell a week later than in the West this year – comes to a definitive end with the reopening of scho(...)

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’(...)

The IMF ruled out granting Greece permission to defer debt repayments. The fund’s managing director Christine Lagarde said that an advanced economy had never asked for a payment delay. Photograph: Andrew Harrer/Bloomberg

Yields on 10-year Greek debt rose to their highest level in two years on Thursday amid fears the country is moving closer to default as it struggles t(...)

Tsipras: ‘There already are many points of convergence between the two sides’ Photograph: Bloomberg

Greek Prime Minister Alexis Tsipras told Reuters he was “firmly optimistic” his government would reach an agreement with foreign creditors by the end (...)

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(...)

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(...)