A baby at a makeshift camp for migrants and refugees at the Greek-Macedonian border. Hanging the country out to dry and expelling it from the euro area as it grapples with Europe’s biggest refugee crisis since the Second World War is not an option.  REUTERS/Alexandros Avramidis

As thousands of migrants remain trapped in Greece the country finds itself at the coalface of Europe’s refugee crisis. It is hoping last month’s refug(...)

Greek Finance Minister Euclid Tsakalotos: the eurogroup and IMF have announced that Greece should prepare an extra €3.6 billion in cuts if it fails to meet primary surplus target of 3.5% by 2018 . Photograph: François Lenoir

Eurogroup chairman Jeroen Dijsselbloem postponed a planned eurogroup meeting on Greece that had been provisionally scheduled for Thursday, as bailout (...)

The Olympic flame lighting ceremony at Olympia in Greece: there are two Greeces: “the Greece whose glory everyone wants to restore – classical, democratic, philosophical, heroic – and the Greece on the map”. Photograph: Yannis Behrakis/Reuters

In his 1969 play The Mundy Scheme, Brian Friel asked “What happens to an emerging country after it has emerged?” I think I’ve found Greece’s answer. (...)

European Central Bank president Mario Draghi attends a news conference at the ECB headquarters in Frankfurt, Germany on Thursday. Photograph; Reuters

The European Central Bank said it plans to start buying corporate bonds in June as it unveiled more details of its purchase programme.The bank will st(...)

Dublin port. The availability of world-class infrastructure in telecommunications, energy, water and transport is necessary to support sustainable growth.

They say economic forecasters are like cross-eyed javelin throwers – they don’t win many accuracy contests but they keep the crowd’s attention. Rememb(...)

The government of  Alexis Tsipras has pushed through dozens of reforms, but many outstanding issues remain. Photograph: EPA

Greek prime minister Alexis Tsipras made a fresh call for debt relief ahead of Friday’s meeting of euro zone finance ministers, as new data showed tha(...)

European Central Bank president Mario Draghi

ECB president Mario Draghi is likely to drive home the case for ultra-loose monetary policy on Thursday, hitting back at a barrage of criticism in Ger(...)

Supporters of Serbian far-right leader Vojislav Seselj during a rally in Belgrade last month. Photograph: Alexa Stankovic/AFP/Getty Images

When Serbian ultranationalist Vojislav Seselj was controversially cleared of war crimes last month, cheers were heard far to the east of Belgrade. “(...)

Mike Rake, chairman of BT, said there is concern among business leaders of a potential Brexit and “without any doubt this is causing sentiment to change”. Photograph: Nick Ansell/PA Wire

Uncertainty over the outcome of Britain’s EU referendum is having a chilling effect on business activity in Britain, with companies pulling back on hi(...)

 Mayor of London Boris Johnson: spoke at    pro-Brexit campaign  event on Friday. Photograph: Stefan Rousseau/PA

United States president Barack Obama urged British prime minister David Cameron not to hold a referendum on European Union membership, a leading forme(...)