German finance minister Wolfgang Schäuble (left) and Bank of China Governor Zhou Xiaochuan (right) shake hands across Chinese finance minister Lou Jiwei at the G20 Finance Ministers and Bank Governors gathering at the IMF and World Bank spring meetings in Washington. Kevin Lamarque/Reuters

German finance minister Wolfgang Schäuble has ruled out debt relief for Greece, rebuffing a key demand of the International Monetary Fund even as he w(...)

 Supporters of far-right Golden Dawn party outside the appeals court in Athens, Greece in 2014. The neo-fascist group recorded 500,000 votes in last September’s general election, seven per cent of the poll, returning 18 MPs. Photograph: Simela Pantzartzi/EPA

David Cameron says that if the referendum on British membership of the European Union returns a majority for leaving, it would take two years to negot(...)

German Chancellor Angela Merkel attends a campaign event for the Baden-Wuerttemberg CDU in Nuertingen, on Tuesday, framed by an image of CDU frontrunner Guido Wolf. Photograph: Marijan Murat/EPA

When Angela Merkel arrived at a Stuttgart election rally on Tuesday evening, she had hoped to have in her handbag a package of measures to ease the mi(...)

Turkey’s prime minister Ahmet Davutoglu (centre) poses with European Union leaders (left to right) Portuguese prime minister Antonio Costa, French president Francois Hollande, Finnish prime minister Juha Sipila, European Council president Donald Tusk, Romanian prime minister Dacian Ciolos and German chancellor Angela Merkel, during the EU-Turkey summit in Brussels on Monday. Photograph: Yves Herman/Reuters

Turkey offered the European Union greater help on Monday to stem a flood of migrants into Europe but demanded more money, faster accession talks and q(...)

 German chancellor Angela Merkel and Dutch prime minister Mark Rutte at the Turkish embassy in Brussels, Belgium, ahead of  an EU-Turkey summit on the migration crisis. Photograph: Bart Maat/EPA

EU leaders gather in Brussels today for a key summit on the refugee crisis amid mounting concerns that Europe could be on the brink of a humanitarian (...)

Europan Commission

As governments sign up to tighter rules on cross-border taxation practices at OECD level, there has also been an increased focus on multinational tax(...)

Greece’s prime minister Alexis Tsipras: a ‘victim of the machine he created in his naive haste to seize power before he – and his party – was ready for it’. Photograph: Alexandros Vlachos/EPA

“Thanks to the jealous Powers, the country has been reduced to too great an economic simplicity, and does not have the variety of interests that a civ(...)

China’s central bank governor Zhou Xiaochuan  and Germany’s Finance Minister Wolfgang Schaeuble attend a group photo session during the G20 finance ministers and central bank governors meeting

The world’s top economies failed to find consensus on dealing with sluggish global growth, with the G20 meeting in Shanghai coming up only with a reco(...)

Children sit near a fire as migrants and refugees wait to cross the Greek-Macedonian border near the village of Idomeni, northern Greece. Photograph: Sakis Mitrolidis/AFP/Getty Images

Tensions between EU member states flared yesterday as Greece recalled its ambassador to Austria and a senior EU official warned that Europe had 10 day(...)

German chancellor Angela Merkel and other members of parliament vote on the introduction of expedited asylum proceedings in the German Bundestag on Thursday. Photograph: Wolfgang Kumm/EPA

German finance minister Wolfgang Schäuble has warned his cabinet colleagues not to expect any extras from a record budget surplus, with the cash earma(...)

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