Greece's leftist-led government offered a reform plan for the country's pension system that would cut future benefits, with no backing from the political opposition, before talks with official lenders resume later this month.
Portugal's president accepted yesterday (27 October) the line-up of a new minority government that will be sworn in on Friday, starting the countdown on persuading the opposition-dominated parliament to accept its program or face the collapse of the cabinet.
Portugal's centre-right prime minister, and the head of the opposition Socialists, made rival offers yesterday (20 October) to form the next government, exacerbating the country's political stalemate following this month's inconclusive election.
Greek Prime Minister Alexis Tsipras is set to call early elections, state television said on Thursday (20 August), in a bid to quell a mounting rebellion in his leftist Syriza party and seal support to implement a tough bailout programme.
German lawmakers overwhelmingly voted in favour of a third Greek bailout on Wednesday (19 August), heeding a call from Finance Minister Wolfgang Schäuble to give Greece the chance for a new start, despite his own concerns it might not work.
Greece's radical left Syriza government on Tuesday (18 August) approved its first privatisation granting a concession of more than a dozen key regional airports to Germany's Fraport-Slentel consortium in a deal worth 1.23 billion euros.
Greece's socialist PASOK party joined the main opposition on Sunday (16 August) in saying it would not back Prime Minister Alexis Tsipras if he calls a confidence vote following a rebellion in the governing party over a new bailout deal.
Former Greek Finance Minister Yanis Varoufakis denounced the July bailout agreed between prime minister Alexis Tsipras and the eurozone leaders as a “new Versailles Treaty”. Quincy Cloet asks if this is a fair comparison.
The leaders of France, Germany, Russia and Ukraine held talks on Thursday (23 July) over the conflict in east Ukraine, with all sides calling for the full implementation of a ceasefire deal, the French presidency said.
Portugal's general election will be held on 4 October, the president decided yesterday (22 July) as he urged politicians to ensure that the next government has a majority in parliament amid opinion polls that show no clear leader.
Greek Prime Minister Alexis Tsipras tried to rally his Syriza party before a vote in parliament today (22 July) on the second package of measures demanded by international creditors to open talks on a new bailout deal.
European Commission President Jean-Claude Juncker praised Cyprus yesterday (16 July) for its budding economic recovery after harsh bailout terms saved the eurozone member from meltdown, and urged re-unification of the divided island.
Europe moved to reinstate funding for Greece's stricken economy yesterday (16 July) after the parliament in Athens approved a new bailout programme in a fractious vote that left the government without a majority.
Prime Minister Alexis Tsipras attacked radical members of his own party who oppose the deal for a third bailout, making it clear that a return to the drachma is not in the cards. EurActiv Greece reports.
Greece's leftwing Prime Minister Alexis Tsipras faces a showdown with rebels in his own party on Tuesday (14 July), furious at his capitulation to German demands for one of the most sweeping austerity packages ever demanded of a eurozone government.