Former Greek finance minister Yanis Varoufakis: the  combative academic was sacked as finance minister last month after alienating euro zone counterparts with his lecturing style and divisive words. File photograph: Jean-Philippe Ksiazek/AFP/Getty Images

Yanis Varoufakis will not take part in “sad” elections expected next month in Greece and will instead focus on setting up a new movement to “restore d(...)

Greek prime minister Alexis Tsipras resigned  on Thursday night in a calculated gamble to  rid himself of his party’s left flank. Photograph: Kostas Tsironis/Bloomberg 1:16

It’s mid-August. In any normal Greek summer, political life would have ground to a halt, politicians, the journalists who hover around them and muc(...)

‘Merkel, for her part, used Schäuble’s exit plan as a bargaining tool, certain that Tsipras would eventually cave in and get rid of Varoufakis.’ Above,  Wolfgang Schäuble, in Dublin last year. Photograph: Cyril Byrne / The Irish Times

Now the dust has temporarily settled over the ruins of Greece’s economy, it is worth asking if there wasn’t a brief moment when the actors had found a(...)

Greece bailout key moments: The replacement of the controversial Yanis Varoufakis as finance minister by Euclid Tsakalotos was a key factor in the change of mood in the talks. Photograph: Jasper Juinen/Bloomberg

So the eurozone has agreed the €86 billion third Greek bailout. Here are the five stand-out points in the deal which was announced late on Friday afte(...)

Both Greece and its lenders said on Tuesday they were optimistic they could broker a deal within days on a multibillion euro bailout, striking a surp(...)

Greek prime minister Alexis Tsipras also defended his embattled former finance minister, who has continued to create headaches for the government since being ousted earlier this month

Prime minister Alexis Tsipras on Friday acknowledged his government had made covert contingency plans in case Greece was forced out of the euro, but (...)

Greek prime minister Alexis Tsipras: argues that Greece is now front-page news and has been presented in “a positive light”. Photograph: Kostas Baltas/Reuters

Greece will not implement reform measures beyond those agreed at an emergency summit earlier this month, prime minister Alexis Tsipras has said, amid(...)

Criminal charges could  be brought against the former Greek finance minister, Yanis Varoufakis, following revelations of his secret plan to establish an alternative currency. Photograph: Getty

The scene has been set for possible criminal charges to be brought against the former Greek finance minister, Yanis Varoufakis, following revelations (...)

Outspoken: former  Greek finance minister Yanis Varoufakis. Photograph: Louisa Gouliamaki/AFP/Getty Images 1:39

Greece’s former finance minister, Yanis Varoufakis, has been thrust back in the spotlight as he vigorously defended plans to launch a parallel paymen(...)

Yanis Varoufakis said on the call that he appointed a childhood friend of his at the ministry to help him carry out his plan. File photograph: Louisa Gouliamaki/AFP/Getty 1:39

Former Greek finance minister Yanis Varoufakis said he was authorised by the country’s prime minister, Alexis Tsipras, to come up with an emergency pl(...)