A woman walks past posters reading ‘No’ ahead of a referendum on Greece’s bailout  on Sunday. Photograph: AFP

The International Monetary Fund says Greece needs debt relief and €50 billion in new financing from October through to 2018. The IMF said Greece’s f(...)

 German chancellor Angela Merkel (left) and German finance minister Wolfgang Schäuble talk during a meeting at the  Bundestag in Berlin, on Wednesday.  Photograph: EPA

One by one, leading figures in the German government made their way to the podium in the sun-drenched chamber of the Bundestag on Wednesday and accuse(...)

A man walks past graffiti in Athens. Greek bond yields were  up by 10 percentage points this morning

Government borrowing costs in Europe’s southern countries shot up on Monday as unsettled investors responded to raised expectations that Greece could (...)

French finance minister Michel Sapin talks to his Greek counterpart Yanis Varoufakis (right) during an European Union finance ministers meeting in Luxembourg. Photograph: Francois Lenoir/Reuters 1:44

The European Central Bank has agreed to raise the cap on emergency funding for the Greek banking sector according to reports. Following an emergency c(...)

The IMF has lent  nearly one-third of the total €240 billion loaned to Greece,  with the rest coming from euro zone governments and the bloc’s rescue fund. 1:20

For the International Monetary Fund, five years of playing junior partner in European bailouts for Greece has been a “never again” experience, and the(...)

Greek economy minister George Stathakis said Greece had the money to pay, but had accepted an offer from the IMF to bundle four payments due in June into a single €1.6 billion lump sum due at the end of the mont

Greece delayed repayment of an IMF loan on Friday and a deputy minister said Athens might call snap elections to break an impasse with lenders that(...)

Germany’s new 30-year bond will give the German government a full spectrum of inflation-linked debt. (Photograph: Michele Tantussi/Bloomberg)

Germany will sell 30-year inflation-linked bonds for the first time amid signs the European Central Bank’s loose monetary policy is reviving price gr(...)

Germany’s chancellor Angela Merkel talks to Ukraine’s president Petro Poroshenko at the European Union Eastern Partnership summit in Riga, on May 22nd. A parliamentary member of Merkel’s CDU party who described Russia as a ‘warmonger’ has been refused entry to that country, Photograph: Janek Skarzynski/AFP/Getty Images

Germany formally protested to Russia yesterday over Moscow’s refusal to let a conservative German member of parliament into the country, a decision Be(...)

Latvian president Andris Berzins welcomes German chancellor Angela Merkel at the House of the Blackhead in Riga  at the start of the EU Eastern Partnership Summit. Photograph: Alain Jocardalain/AFP/Getty Images

German chancellor Angela Merkel has attempted to ease Russian concerns ahead of the Riga summit, stressing that the EU’s eastern partnership policy (...)

Yanis Varoufakis, Greece’s finance minister, said he is counting on a Monday meeting with his euro-area counterparts in Brussels to establish a “good paving stone” toward the release of the loans his country is seeking to avert a default. (Photograph: Jasper Juinen/Bloomberg)

Euro-area governments are considering putting together an aid package for Greece to cushion the country’s economy if it was forced out of the euro, a(...)