IMF managing director Christine Lagarde gestures next to EU economic affairs commissioner Pierre Moscovici, as finance ministers and central bank governors gather for a group photo during the G20 meeting  in Ankara. Photograph: Adem Altan/AFP/Getty Images

Finance ministers from the G20 nations have insisted the global economy has nothing to fear from a China slowdown as they tried to dispel the pall (...)

Angela Merkel: her Bavarian allies, the Christian Social Union, said the proposals contained little different previous proposals. Photograph:  Elvis Barukcic/AFP/Getty Images

The German government has adopted a characteristically cautious response to new Greek reform proposals, warning that it won’t ask for a Bundestag man(...)

Greece prime minister Alexis Tsipras is seen on Thursday before he submitted a bailout plan to the country’s creditors.  Photograph: Bloomberg 1:28

Greek prime minister Alexis Tsipras appealed to his party’s deputies on Friday to back a tough reform package after abruptly offering last-minute conc(...)

Germany’s finance minister, Wolfgang Schäuble: says he told Greece “just do it” with regard to outlining latest aid proposals. Photograph: Martin Leissl/Bloomberg

Wolfgang Schäuble, Germany’s hardline finance minister, warned Athens that its euro membership was “not etched in stone” as he vowed to use the Greek (...)

Greek finance minister Euclid Tsakalotos and his predecessor Yanis Varoufakis talk during a parliamentary session in Athens. Photograph: Giorgos Kontarinis/Eurokinissi/Reuters

There were hopes on Thursday night that a Greek deal could be in the offing, as the Greek government submitted fresh bailout proposals to EU instituti(...)

A street vendor prepares corn for sale during a pro-European Union demonstration in front of the Greek parliament in Athens. Photograph: Louisa Gouliamaki/AFP/Getty Images 1:54

Proposals from Greece to explain how it will meet conditions for a new international bailout loan were received on Thursday by Jeroen Dijsselbloem, wh(...)

European Council president Donald Tusk: “This is really and truly the final wake-up call for Greece but also for us, our last chance.”  Photograph: François Lenoir/Reuters

The European Central Bank capped the amount of emergency funding it is providing to the Greek banking sector at €88.6 billion on Wednesday, in a si(...)

 Greece’s prime minister Alexis Tsipras talks with  president  Prokopis Pavlopoulos in the Presidential Hall in Athens. Photograph: Fotis Plegas G/EPA.

Greece must submit detailed reform proposals to creditors by midnight on Thursday or risk expulsion from the euro zone, officials have said, as the co(...)

US president Barack Obama: keeping in touch with European leaders as US continues to monitor the Greek debt crisis. Photograph: Saul Loeb/AFP/Getty images

The Obama administration has again warned of the potential damage to the European economy and the knock-on effect on the US economy if the Greek de(...)

European Commission President Jean-Claude Juncker gives a statement  on the situation in Greece, at the EU commission headquarters in Brussels. Photograph: Reuters/Yves Herman

Jean-Claude Juncker took to the podium in the packed European Commission press room yesterday, but his focus was not the swarms of journalists that(...)