Spain’s economy   minister Luis de Guindos says Spain’s economy  is in good shape. Photgraph: Andrea Comas/Reuters

Spain is one of the countries where the Greek crisis is being most keenly followed, due to its own economic characteristics which in the past have mad(...)

The Five Presidents’ report outlines plans to strengthen economic and monetary union through closer integration of the euro group. Photograph: Getty Images

Largely lost in the fog of war and plethora of meetings over Greece this week was an initiative about the future of the EU that deserves public att(...)

European Commission president Jean-Claude Juncker and Greek prime minister Alexis Tsipras in Brussels. Tsipras phoned the Greek president on Thursday to brief him on the negotiations. Photograph: Julien Warnand/EPA 5:02

A deepening sense of crisis is characterising the Greek saga, especially after the last, chaotic 48 hours. Following Monday’s emergency eurogroup and(...)

 Greece’s prime minister Alexis Tsipras is welcomed by European Commission president Jean-Claude Juncker ahead of a meeting on Greece in Brussels. Photograph: Julien Warnand/EPA

It is somewhat ironic that this week’s scheduled summit of European Union’s leaders was expected to deal with the bloc’s grand plan to deepen economic(...)

Greek prime minister Alexis Tsipras,  leaves  the  emergency meeting with the heads of the three creditor institutions in Brussels. Photograph: Jasper Juinen/ Bloomberg

Greece’s ruling Syriza party has rounded on the country’s international lenders, accusing them of jeopardising efforts to avert a Greek default by (...)

Alexis Tsipras  said that some of the creditors had not yet accepted the latest Greek proposals, criticising the IMF in particular 1:43

Hopes of a Greek deal receded ahead of Wednesday evening’s crunch eurogroup meeting on the country’s debt crisis. Greek Prime Minister Alexis Tsipras (...)

Minister for Finance Michael Noonan (right) talks to Luis de Guindos, Spain’s economy minister at an emergency meeting of European finance ministers in Brussels on Monday. Photograph: Bloomberg

Minister for Finance Michael Noonan has suggested his comments on Greece at a meeting of euro zone ministers on Monday were misrepresented. He told t(...)

Taoiseach Enda Kenny said European leaders attending a summit in Brussels yesterday agreed   Greece should remain within the euro zone. Photograph: The Irish Times  1:15

Taoiseach Enda Kenny has said he is hopeful that a resolution to the Greek funding crisis can be reached this weekend. He said there was unanimity amo(...)

European Central Bank president Mario Draghi: the ECB fire brigade was late arriving to do “whatever it takes” in 2012 and, again, to take action to move the rate of inflation back towards its target of 2 per cent. Nonetheless, the ECB did take action. Photograph: Emmanuel Dunand/AFP/Getty Images

When the Economic and Monetary Union (EMU) was set up, a lot of work went into specifying the governance and objectives of the European Central Bank ((...)

Germany’s finance minister Wolfgang Schäuble taking part in the emergency Eurogroup finance ministers meeting on Greece in Brussels. Photograph: Emmanuel Dunand/AFP/Getty Images

The failure of euro zone finance ministers and leaders to reach a definitive deal on the Greek crisis yesterday is not entirely surprising. Technical(...)