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 (...)

People line up at an ATM outside an Alpha Bank branch in Athens, Greece on July 16th, 2015. Greece awoke with a political hangover on Thursday after parliament approved a stringent bailout programme, thanks to the votes of the pro-European opposition, amid the worst protest violence this year. Photograph: Yiannis Kourtoglou/Reuters 1:46

Greece is expected to meet a key €3.5 billion payment to the European Central Bank on Monday after the eurogroup of finance ministers approved a €7 bi(...)

Mr Regling said he expects the IMF to participate in a third bailout

The head of the European Stability Mechanism on Thursday warned of a collapse in the Greek banking system if the country does not secure a third bailo(...)

European Stability Mechanism (ESM) managing director Klaus Regling: says  he expects the IMF to contribute to any third bailout package, once Greece’s arrears with it have been paid.  Photograph: Julien Warnand/EPA

The International Monetary Fund has warned that Greece will need significantly more debt relief than has been envisaged by its European lenders, ra(...)

Head of the eurogroup Jeroen Dijsselbloem: “A lot of trust had been lost . . . it has to be rebuilt.”  Photograph: Thierry Charlier/AFP/Getty Images

  Negotiations on a third bailout for Greece will take at least four weeks, the head of the eurogroup of finance ministers predicted yeste(...)

Contrasting styles . . . Greece prime minister Alexis Tsipras and Taoiseach Enda Kenny chat during a recent summit. Photograph: EPA/Julien Arnand.

The reckless and chaotic way the Syriza government is risking the future of the Greek people in a game of political poker it can’t win throws a favour(...)

Yanis Varoufakis, Greece’s finance minister, who said on RTÉ radio yesterday that a Greek bailout deal was imminent. Photograph: Yorgos Karahalis/Bloomberg

The euro zone’s rescue fund has warned Greece it could demand the repayment of bailout loans early following the country’s non-payment of an Intern(...)

Klaus Regling: as director of the ESM he helps manage the bailout programme and loans. Photograph: Julien Warnand/EPA

Ahead of tomorrow’s referendum uncertainties abound over whether Greece will apply for a third bailout, what it would look like and, most importantly,(...)

  European Stability Mechanism (ESM) managing director Klaus Regling (left) and Greek finance minister Yanis Varoufakis (right) at the start of the Eurogroup meeting at the European Council in Brussels last month. Photograph: Julien Warnand/EPA

The euro zone’s rescue fund, Greece’s largest creditor, said on Friday it reserved the right to call in €130.9 billion in debt ahead of schedule after(...)

Greek Prime Minister Alexis Tsirpas delivers a televised address to the nation from his office at Maximos Mansion  in Athens, Greece. Photograph: Getty 1:28

Greek Prime Minister Alexis Tsipras has vowed to push on with his plan for a referendum this Sunday on the recent proposals from the country’s credito(...)