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.
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.
Even if European governments agree to a comprehensive package for Greece at the extraordinary EU summit on Sunday (12 July), the bailout still has to be ratified by the German Bundestag as well as by the parliaments of Finland, Slovenia and Estonia.
Spanish anti-austerity party Podemos, seen by many as the ideologically closest political force to Greece’s Syriza, is scrutinising how Prime Minsiter Alexis Tsipras' intransigent position with international creditors can bring political gains. EURACTIV Spain reports.
Greece's opposition parties are divided about ongoing negotiations between Athens and its creditors. Potami supports the Syriza-led government’s efforts, while New Democracy and Pasok are taking a hard line. EURACTIV Greece reports.
France wants the eurozone to push for a deal with Greece before Sunday's referendum, President François Hollande said yesterday (1 July), in comments that differed sharply from those of German Chancellor Angela Merkel.
Chancellor Merkel emphasised that despite the situation in Greece, Europe is stable and intends to “calmly” await the Greek referendum, while Finance Minister Schäuble accused Athens of “flip-flopping without purpose or understanding”. EURACTIV Germany reports.
Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires today (30 June), European Union and Greek government sources said.
The meeting on Greece between eurozone finance ministers in Brussels ended after only a few hours on Monday (22 June), but Eurogroup President Jeroen Dijsselbloem said the new Greek proposals sent this morning give an opportunity to reach a deal this week.