European Central Bank officials have held high-level talks with counterparts in Brussels about creating a euro zone bad bank to remove billions of eur(...)

Protesters   clash with police  during a rally against  pension reform which , along with  Greece’s progress on budget fiscal targets, has been set out as a key demand by creditors.  Photograph: Yannis Kolesidis/EPA

Euro zone finance ministers gather in Brussels today for two days of meetings that will be dominated by Greece, as the eurogroup takes stock on the s(...)

Greek finance minister Yanis Varoufakis. Speculation is rife that, if no deal is reached on Monday, Greece would need to impose capital controls on Tuesday to avert a banking crisis

Asian shares got the week off to a strong start and US stock futures and the euro firmed on Monday, after Greece scrambled to avert defaulting on its(...)

Yannis Stournaras, governor of the Greek central bank, has warned of an ‘uncontrollable crisis’ if no deal is done between Greece and its creditors.  Photographer: Simon Dawson/Bloomberg

Some kind of a surprise is required in Luxembourg today if euro zone finance ministers are to bridge their differences with Greece. But don’t count on(...)

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(...)

Greek newly appointed finance minister Yanis Varoufakis  during a press conference after a meeting at the French Ministry of Economy and Finance of Becy in Paris, France on Sunday. Ahead of Monday’s announcement, there had  been speculation that the new government would bring in new management at some of the banks. (Photograph: ETIENNE LAURENT/EPA)

Greece’s new left-wing government will not take any actions that would hurt the share values of the country’s banks and does not plan to appoint party(...)

On Wednesday, 10-year Greece’s bond yields soared to 7.85 per cent, reflecting investor unease about its ability to fund itself if the government follows through on plans to quit an international bailout a year early

The European Central Bank has trimmed the haircut it applies on bonds submitted by Greek banks as collateral to borrow funds, a Greek central bank off(...)

Greek prime minister Antonis Samaras speaking in Athens yesterday. His widely respected finance minister could be among those set to depart after a cabinet reshuffle. Photograph: EPA

Greek prime minister Antonis Samaras will reshuffle his cabinet as early as this week in a bid to wrest back political momentum, and his widely respec(...)

The government aims to raise €2 billion in a sale of five-year bonds, banking sources said. Photograph: Yiorgos Karahalis/Reuters

Greece is planning to return to the international bond market this month, four years after it became the first euro zone country to be bailed o(...)

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