Talks have begun on a third bailout for Greece worth €30 billion-€50 billion, the Spanish economy minister has announced.“We are negotiating a third r(...)

The Bundestag is expected to vote on the extension of the Greek loan programme on Friday after the eurogroup yesterday approved reform measures propo(...)

Suzanne Lynch, European CorrespondentThe euro group of finance ministers has approved a list of reform measures proposed by the Greek government, pavi(...)

People line up to receive olives and bread distributed for free on Pnyx Hill, opposite the Acropolis in Athens yesterday. Photograph: EPA/Yannis Kolesidis

Euro zone finance ministers will hold a conference call on Tuesday afternoon to discuss the latest reform proposals from Greece as it looks to unlock (...)

Greek finance minister Yanis Varoufakis: the agreement averts a potential cash crunch in March that could have forced the country out of the currency area. Photograph: Eric Vidal/Reuters

Greece signed up to a provisional agreement yesterday that paves the way for an extension of its bailout programme until June, but Athens must still s(...)

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(...)

A European Union  flag alongside a Greek national flag beneath Acropolis Hill in Athens, Greece. The troubled state’s bailout is due to expire at the end of next week.  Photographer: Kostas Tsironis/Bloomberg

Euro zone finance ministers including Michael Noonan travel to Brussels on Friday for an emergency meeting amid mounting uncertainty about the status (...)

A man makes a transaction at an ATM outside a National Bank of Greece branch in Athens, on Thursday. Photograph: Alkis Konstantinidis/Reuters

Following is the text of a letter sent by Greek Finance Minister Yanis Varoufakis to his Dutch counterpart Jeroen Dijsselbloem, president of the Eurog(...)

Greek finance minister Yanis Varoufakis has expressed optimism that an impasse with fellow euro zone governments could be broken by the end of the week. Photograph: Getty Images

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel held a “constructive“ phone conversation, a Greek government official has asid(...)

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(...)