‘It is possible to have too much finance. More importantly, significant economies are in this position, among them Japan and the US.’ Photograph: Getty Images/iStockphoto

Is it possible to have too much finance? Harmed by the aftermath of financial crises, enraged by bailouts of financial institutions, irritated by t(...)

Greece has to repay the International Monetary Fund €300 million on June 5th

Cash-strapped Greece could avoid paying back the IMF on June 5th and win more time to negotiate a funding deal without defaulting if it lumps toget(...)

Janet Yellen, chair of the US Federal Reserve, speaks during a Greater Providence Chamber of Commerce Economic Outlook luncheon in Providence, Rhode Island, US, on Friday, May 22nd, 2015. Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. (Photograph: Scott Eisen/Bloomberg)

Asian shares got off to a lacklustre start on Monday, after rising inflation and a hawkish tone from the US Federal Reserve Chair rekindled expectat(...)

Economist Joseph Stiglitz: ‘Trade did lead to more inequality.’ Photographer: Simon Dawson/Bloomberg

The battle to stop the proposed European Union-United States trade agreement is the first step to halt growing inequality in major western countrie(...)

Greece will not make a debt repayment to the International Monetary Fund due next month as it does not have the money, the country’s interior minister Nikos Voutsis has said. Photograph: EPA

Greece will not make a debt repayment to the International Monetary Fund due next month as it does not have the money, the country’s interior minister(...)

Britain still ranks as Ireland’s main food export destination and by some way, accounting for nearly 40 per cent of all food exports.   Photograph: Bloomberg

In the space of three weeks last September, Minister for Finance Michael Noonan changed his growth forecast for the economy three times.It was a test(...)

Greece is said to be unable to make its  International Monetary Fund payment that falls due on June 5 without a deal.

Greece will not be able to make a payment to the International Monetary Fund that falls due on June 5 without a deal with its international lenders, t(...)

Oliver Blanchard was behind many of the IMF’s policy shifts in recent years in response to lessons from the crisis

The International Monetary Fund has said its chief economist Olivier Blanchard is retiring from the IMF, and the search for his replacement would begi(...)

Greek finance minister Yanis Varoufakis has suggested a debt swap to push back debt payments to the ECB Photograph: EPA

Greece on Thursday offered a concession to its international lenders by pushing ahead with the sale of its biggest port, Piraeus. Greece has as(...)

Greek government has accused the country’s central bank governor Yannis Stournaras of attempting to undermine the administration. Photograph: Ints Kalnins/Reuters

The European Central Bank is increasingly concerned by a deteriorating relationship between the Greek government and the country’s central bank, accor(...)