Mr Tsipras

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Greek prime minister Alexis Tsipras: EU congratulated Tsipras  and said Greece has ‘no time to lose’ in implementing the reforms agreed as part of its international bailout. Photograph: Louisa Gouliamaki/AFP/Getty Images

Once they receive their portfolios this week, the ministers of the incoming Syriza-Independent Greeks coalition will have to begin implementing a long(...)

Greek finance minister Yanis Varoufakis (R) shakes hand with his Spanish counterpart  Luis De Guindos   during an extraordinary euro zone finance ministers meeting (Eurogroup) to discuss Athens’  bailout. Photograph: Eric Vidal/Reuters.

Greece and the Eurogroup of finance ministers have reached deal in principle to extend the country’s bailout by four months. The agreement remo(...)