German business morale weakened for a second straight month, suggesting concerns about the Greek debt crisis are hitting the mood in corporate boardro(...)

European Commission president Jean-Claude Juncker (third from right), IMF managing director Christine Lagarde (second from right), ECB president Mario Draghi (back to camera), eurogroup president Jeroen Dijsselbloem (second from left) and president of the European Council Donald Tusk (third from left), with officials at yesterday’s summit in Brussels, Belgium. Photograph: Emmanuel Dunand/EPA

As time runs out for Greece and its cash-starved banks, emergency talks in Brussels were billed as the last chance for euro-zone leaders to finally so(...)

European economics commissioner Pierre Moscovici warns that Ireland remains vulnerable to economic shock

EU economics commissioner Pierre Moscovici said “concrete proposals” were under discussion with Greece to settle its funding gap, but he warned that f(...)

The sales so far by Morgan Stanley have reduced the government’s stake down from 24.9 per cent when the plan was launched

Britain has reduced its stake in Lloyds Banking Group by a further 1 per cent to below 21 per cent, a further step towards returning the bank to full (...)

Yanis Varoufakis, Greece’s finance minister, speaks during a panel discussion at the Brookings Institution on the sidelines of the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington  Photograph: Andrew Harrer/Bloomberg

Greek finance minister Yanis Varoufakis promised to compromise in negotiations over the next instalment of a bailout loan that would prevent a default(...)

A demonstrator shouts slogans in Athens during a rally against the payment of an IMF loan installment. Photograph: AP Photo/Yorgos Karahalis

Greece repaid €450 million it owed to the International Monetary Fund yesterday, sending bond yields sliding as investors showed relief at the cou(...)

The French government has been buying shares in French carmaker Renault SA to increase its stake to up to 19.73 per cent with the aim of blocking a resolution at the next annual general meeting that could reduce its control over the company. (Photograph: Angel Navarrete/Bloomberg)

The French government has been buying shares in French carmaker Renault SA to increase its stake to up to 19.73 per cent with the aim of blocking a r(...)

Finance minister Yanis Varoufakis: Greece has not received bailout funds since August. Photograph: Alkis Konstantinidis/Reuters

Greek finance minister Yanis Varoufakis met International Monetary Fund managing director Christine Lagarde in Washington yesterday to discuss a set o(...)

Greek prime minister Alexis Tsipras delivers a speech during a plenary session of the Parliament in Athens. Photograph: Simela Pantzartzi/EPA

Greece will pay a loan tranche due on April 9th to the International Monetary Fund on time, its deputy finance minister said on Friday, seeking to que(...)

Nicos Anastasiades, Cyprus’s president, reacts during the Ninth Cyprus Summit in Nicosia . Photographer: Andrew Caballero-Reynolds/Bloomberg

Cyprus will lift on Monday all the capital controls it imposed in 2013 amid a chaotic bailout, president Nicos Anastasiades said on Friday. “The lifti(...)