Eurogroup chief Jeroen Dijsselbloem (L) and Greek finance minister Yanis Varoufakis (R) speak during a press conference following a meeting at the Finance Ministry in Athens. Photograph: Simela Pantzartzi/EPA.

The new leftwing government in Athens opened negotiations on its bailout package with European partners on Friday by flatly rejecting the expected (...)

Michael Hasenstab bought $7bn in Ukrainian bonds. They are now worth $4bn.

Michael Hasenstab is all about the big trade. It’s a tack that has made him one of the world’s most successful, and famous, bond fund managers during (...)

Greek prime minister Alexis Tsipras (C) and members of the Greek government pose  for a family photograph  outside the Parliament in Athens ahead of their first cabinet meeting. Photograph: Pantelis Saitas/EPA.

Greek prime minister Alexis Tsipras and his finance minister have pledged to avoid a standoff with creditors but say they still intend to roll back (...)

Economist and new Greek finance minister Yannis Varoufakis has argued since the beginning of the crisis that Greece should default while staying a member of the euro area.

Greek five-year yields jumped to record highs on Wednesday as investor concerns that the new anti-bailout government in Athens was squaring up for a c(...)

Newly appointed Greek prime minister and winner of the Greek parliamentary elections, Alexis Tsipras, attends a swearing in ceremony by members of his cabinet at the presidential palace in Athens on January 27th, 2015. Photograph: Yannis Behrakis/Reuters

Greece’s radical leftist prime minister Alexis Tsipras announced his cabinet on Tuesday, giving the top economic posts to a former communist politicia(...)

Presidential guards parade before newly appointed ministers and deputy ministers at a swearing in ceremony outside the presidential palace in Athens on January 27th, 2015. Photograph: Marko Djurica/Reuters

Sometimes the right thing to do is the wise thing. That is the case now for Greece. Done correctly, debt reduction would benefit Greece and the rest o(...)

Incoming Greek prime minister  Alexis Tsipras is being far more realistic about austerity and growth than European officials who want the beatings to continue until morale improves. Photograph: Michael Kappeler/EPA

Alexis Tsipras, leader of the left-wing Syriza coalition, has become prime minister of Greece. He is the first European leader elected on an explicit(...)

Li Keqiang, China’s premier. Photograph: Chris Ratcliffe/Bloomberg

Last week there were jitters around the region, and among Irish companies keen to sell into the China market, about the country’s slowest growth in gr(...)

Speaking as the Eurogroup of finance ministers met in Brussels, Dutch finance minister Jeroen Dijsselbloem said: “We all have to realise and the Greek people have to realise that the major problems in the Greek economy have not disappeared and haven’t even changed overnight because of the simple fact that an election took place”. Photograph: Olivier Hoslet/EPA.

The European Union showed a willingness on Monday to give Athens more time to pay its debts, but said it would not yield to a new Greek government’s d(...)

Newly sworn-in Greek prime minister Alexis Tsipras (C) waves to spectators and media as is on his way to enter the prime minister’s offices, the Maximos Mansion, in Athens on Monday. Photograph: Orestis Panagiotou/EPA. 2:17

Greek left-wing leader Alexis Tsipras was sworn in on Monday as the prime minister of a new hardline, anti-bailout government determined to face down (...)