European Commission President Jean-Claude Juncker gives a statement  on the situation in Greece, at the EU commission headquarters in Brussels. Photograph: Reuters/Yves Herman

Jean-Claude Juncker took to the podium in the packed European Commission press room yesterday, but his focus was not the swarms of journalists that(...)

Ewald Nowotny: “I assume that the majority of Greeks want to stay in the euro area, so I can imagine that this is a basis for new negotiations”

German chancellor Angela Merkel told a leadership meeting of her Christian Democrats (CDU) on Monday that it was up to Greece to move in the reform st(...)

Greek Prime Minister Alexis Tsipras during a parliamentary session in Athens, Greece. Photograph: Milos Bicanski/Getty Images

The events that have unfolded over the past 48 hours appear to be pushing Greece closer towards the exit door. More than five years after it began its(...)

People wait  outside a National Bank of Greece branch, in Athens, Greece this morning. Greece is imposing capital controls and ordering the closure of banks. Photograph: Orestis Panagiotou/EPA 5:02

Greeks woke up to shuttered banks, closed cash machines and a climate of rumours and conspiracy theories on Monday as a breakdown in talks between Ath(...)

Customers queue to use an ATM outside a bank  in Thessaloniki, Greece, yesterday. Photograph: Konstantinos Tsakalidis/Bloomberg

No one will be surprised if Greek banks fail to open. That will be the start of the financial accident that everyone fears, the consequences of which (...)

Referendum no panacea

“Many are asking what happens after the #referendum? With a clear ‘NO’ we will have a much stronger negotiating position #Greece #vouli”– Alexis Tsipr(...)

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(...)

Customers queue outside a branch of Northern Rock in Kingston upon Thames, UK, during a bank run in 2007 sparked during a credit crisis at the time. File photograph: Stefan Rousseau/PA Wire

Central Bank of Ireland governor Patrick Honohan took to the airwaves on November 18th, 2010, to inform the public that Ireland would enter discussion(...)

 Patrick Honohan, governor of the Central Bank of Ireland, arriving at the Banking Inquiry at Leinster House, Dublin, June 25th, 2015. Photograph: Dara Mac Dónaill/The Irish Times

A senior European official warned that Ireland could be a Lehman Brothers moment for Europe, the banking inquiry was told on Thursday. It was a refere(...)

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(...)