Eurogroup have agreed a deal on a 10 billion-euro bailout for Cyprus to prevent its banking system collapsing and keep…
A key meeting of Eurogroup (eurozone finance ministers) to finalize a crucial bailout for Cyprus has been delayed as talks…
Cyprus’ Finance Minister Michael Sarris has announced the country has made "significant progress" in talks with the EU and IMF…
Cyprus parliament has voted to restructure the island's banks, set up a "national solidarity fund", and establish capital controls to…
Germany and EU leading bankers have urged the Cypriot parliament to quickly find a way of raising the 5.8 billion…
Cyprus’ central bank has announced that the nation's banks will stay closed until Thursday, March 21, as fears mount of…
Cyprus' parliament vote on bailout deal that has sparked huge public anger has been delayed until Tuesday. President Nicos Anastasiades…
European markets follow Asian shares downward on fears that the plan to bailout Cyprus could trigger an escalation of the…
Cyprus’ President Nicos Anastasiades has said a big bailout, which has provoked mass public anger, was needed to avoid a…
The Greek parliament has approved a series of unpopular tax rises aimed at boosting revenue in line with Athens' commitments…
Standard and Poor's has raised the credit rating of Greece's sovereign debt by six levels, praising the "strong determination" of…
Eurozone finance ministers and the IMF have agreed on a deal on emergency bailout for debt-laden Greece. They have agreed…
Chancellor Angela Merkel has pledged Germany's continuing support to Greece, during her first visit to Athens since the eurozone crisis…
Greece’s finance minister Yannis Stournaras says the three parties in the country's governing coalition have reached a "basic agreement" on…
Spain will set out today its austerity budget for 2013, against a backdrop of a deteriorating economy and 25% unemployment…
Police have fired tear gas in Greece to disperse anarchists throwing petrol bombs near parliament in Athens. Dozens were arrested…
Greek trade unions have begun the first general strike since the country's conservative-led coalition government came to power in June.…
Police have fired rubber bullets and baton-charged Spanish protesters attending a rally against austerity in Madrid. The clashes occurred as…
Riot police have ringed the Spanish parliament in Madrid as protesters gather for a march against austerity tagged "Occupy Congress".…
The centre-right government in Portugal has agreed to look for alternatives to a social security tax rise a week after…
Germany's top court in Karlsruhe is about to deliver its verdict on whether the ongoing attempts to contain the eurozone…
European Central Bank’s president, Mario Draghi, has unveiled details of a new bond-buying plan aimed at easing the eurozone's debt…
Greece’s Prime Minister Antonis Samaras is expected to repeat his plea for more time to implement reforms when he meets…
German Chancellor Angela Merkel and French President Francois Hollande are set to hold talks in Berlin on whether to give…
Greek Prime Minister, Antonis Samaras, has called for more time to implement tough spending cuts and reforms, ahead of talks…