Greek finance minister Yanis Varoufakis (R) shakes hand with his Spanish counterpart  Luis De Guindos   during an extraordinary euro zone finance ministers meeting (Eurogroup) to discuss Athens’  bailout. Photograph: Eric Vidal/Reuters.

Greece and the Eurogroup of finance ministers have reached deal in principle to extend the country’s bailout by four months. The agreement remo(...)

The Greek parliament’s president, Zoi Kostantopoulou, informs Prokopis Pavlopoulos that he has been elected president. Photograph: Pantelis Saitas/AFP/Getty Images

The European Central Bank last night granted minimal leeway to Greece’s banks, increasing the emergency funding available by €3.3 billion, well below(...)

Russian president Vladimir Putin:  “We talk about ‘the Ukrainian army, the Ukrainian army’, but who is really fighting there?” Photograph: Mikhail Klimentyev/Ria Novosti /Kremlin Pool/EPA

Russia has denounced western threats to impose further sanctions over its role in Ukraine’s conflict, and claimed that government forces fighting Mos(...)

Men carry a coffin containing the body of a woman (27) killed during shelling  in the eastern Ukrainian city of Mariupol at the weekend. The Kiev government  plans to bring charges before the International Criminal Court (ICC) in The Hague against the pro-Russian separatists it blames for the large number of civilian deaths in the east of the country. Photograph: Sergey Vaganov/EPA.

Russian-backed rebels pushed forward on Monday with a new offensive that has brought all-out war back to eastern Ukraine after a five-month ceasefi(...)

President Barack Obama Last year he singled out Ireland for criticism, saying some US firms had “magically” become Irish through takeovers

Closing the “Double Irish” tax loophole was “more than overdue” and must be followed by further actions, one of the US Congress’s most vocal critics (...)

A man walks past a restaurant in the Dotonbori amusement district of Osaka,  Japan, yesterday. The difficulties caused by fiscal austerity have become particularly evident in Japan and the euro zone. Photograph: Reuters

David Cameron, the UK prime minister, states that “red warning lights are once again flashing on the dashboard of the global economy”. The lights are (...)

US president Barack Obama arriving in Brisbane, Australia, on Saturday for the G20 summit. Photograph: Reuters/Kevin Lamarque

The G20 summit in Brisbane has ended with world leaders committing to open up their economies to generate extra growth of more than 2 per cent by (...)

Transport costs fell in the month, mainly due to lower petrol and diesel prices and a reduction in the price of  cars. Photo: Bloomberg

The European Central Bank reiterated its readiness to intervene again to bolster the struggling euro zone economy as a new figures pointed to a declin(...)

US companies, faced with one of the highest rates of corporate tax in the world - 35 per cent – have long sought to minimise their tax bill. One way h(...)

 Enda Kenny said Ireland was a place where “real companies employ very significant numbers of people”.

Ireland is “not a brass-plate location” for companies moving their residency for tax purposes and the Government has told the US it has never been a(...)