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 presidential guards in Athens. At issue again is the cohesion of the euro zone, and whether Germany, and a majority of the 19-member Eurogroup, are willing to countenance a Greek exit. Photograph: Reuters

Almost four weeks after Alexis Tsipras swept to power in the Greek elections, Greece and its international creditors remain locked in a game of high-s(...)

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(...)

Minister for Finance Michael Noonan has dismissed allegations by Fianna Fáil that Taoiseach Enda Kenny was economical with the truth when he claimed the Irish state had benefitted from €50 billion in savings from various debt agreements.

Minister for Finance Michael Noonan has dismissed a claim by Fianna Fáil that Taoiseach Enda Kenny was economical with the truth when he said the Stat(...)

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 (...)

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(...)

Finance minister Yanis Varoufakis and prime minister Alexis Tsipras:  the expectation they will request a loan extension on the basis of the so-called Moscovici plan means the eurogroup,  not the European Commission, will be blamed if the plan is rejected. Photograph: Alkis Konstantinidis/Reuters

Another sorry chapter in the euro zone crisis unfolded this week in Brussels as Greece and its international creditors lurched from one meeting to ano(...)

 Greek prime minister   Alexis Tsipras: “We are working hard for an honest and mutually beneficial deal, a deal without austerity, without the bailout which has destroyed Greece in recent years.”  Photograph: Simela Pantzartzi/EPA

A breakthrough in the Greek debt impasse looked imminent last night after the Greek government indicated that it may request a temporary extension of(...)

Greek prime minister Alexis Tsipras: the potential breakthrough – still  to be endorsed by euro zone finance ministers – follows days of acrimony between the Greek government and its European creditors. Photograph: Alexandros Vlachos/EPA

Greece is expected to request an extension of its loan agreement with international creditors, bowing to days of EU pressure to negotiate some form(...)