Europe’s vast service industry expanded faster than initially thought last month, surveys showed on Friday. Photo: Bloomberg

Europe’s vast service industry expanded faster than initially thought last month, surveys showed on Friday, speeding ahead despite warning signs that (...)

A referendum campaign poster that reads ‘Yes (Nai)’ is seen on a bus stop with a graffiti that reads ‘No (Oxi)’ painted on it in Athens, on Friday. Photograph: Reuters

Supporters of Greece’s bailout terms have taken a wafer-thin lead over the ‘No’ vote backed by the leftist government, 48 hours before a referendum(...)

Alexis Tsipras: blamed the European Central Bank for caving in to political pressure to halt the vital funding that the banks needed. Photograph: Yorgos Karahalis/ Bloomberg

Describing Sunday’s referendum as coming five years too late, Greek prime minister Alexis Tsipras has said that voters are fully aware that voting No(...)

A woman walks past posters in Athens stating “No” ahead of Sunday’s referendum.  Photograph: Aris Messinis/AFP/Getty

After days of turmoil, things have turned relatively quiet in Brussels as focus turns to Sunday’s referendum in Greece. The Wednesday decision by the(...)

Minister for Finance Michael Noonan set a deadline – July 1st – for the banks to clarify their intentions about lowering their standard variable mortg(...)

Pedestrians pass gift shops in the Monastiraki district of Athens. A lack of money in circulation is killing off economic activity. Photograph: Chris Ratcliffe/Bloomberg

The Antymet car-recycling company northwest of Athens was already down on its luck after six years of one of the worst economic crises of modern times(...)

 A banner supporting the ‘No’ vote in the upcoming referendum hangs from the offices of the Greek finance ministry. Photograph: Getty

Greece’s left-wing government has called a referendum for Sunday, July 5th, after five months of acrimonious talks with its official creditors over an(...)

Police stand guard as a woman withdraws money from an  in Athens on Thursday  during a demonstration supporting the No vote for the upcoming referendum on Greece’s bailout terms. Photograph: Louisa Gouliamaki/AFP/Getty Images.

Greek prime minister Alexis Tsipras has told the Greeks public the problems they face because of closed banks “will not last long”. Mr Tsipras said he(...)

Jobseekers queue to enter an employment centre in Athens. Photograph: Kostas Tsironis/Bloomberg

In August last year French authorities began an investigation into possible negligence by Christine Lagarde, now head of the International Monetary Fu(...)

Bank Of England governor Mark Carney: “Britain’s attitude to this developing crisis is clear: we hope for the best; but we prepare for the worst.” Photograph: Ben Stansall/WPA Pool/Getty Images

The European Union has built up “quite strong” defences over the last few years to guard against the danger of contagion from the Greek crisis, the Go(...)