Maria Eagle MP, Labour’s Shadow Transport Secretary, responding to the awarding of private contracts to provide the UK’s Search and Rescue service, said:

German Finance Minister plays down hopes for comprehensive eurozone rescue plan; Osborne: UK taxpayers may have to contribute more to resolve the crisis

The Duke of Cambridge has taken to the air for the first time over the Falkland Islands as he began a controversial six-week tour of duty as a Search and Rescue helicopter pilot.

The European Commission, ECB and IMF want more cuts in government jobs and reductions in Greek salaries before agreeing the new rescue

Chinese Prime Minister Wen Jiabao says Beijing is considering greater involvement in the eurozone's rescue funds, the temporary European Financial Stability Facility (EFSF) and the upcoming European Stability Mechanism (ESM). More »

Work and Pensions Secretary Iain Duncan Smith issues appeal to peers and bishops not to block his proposals.

A ‘secret’ German proposal for a commissioner to veto Greek budgets sparked outrage. But the EU has already usurped Greece’s sovereignty.

The Obama administration is hoping that a tweak to a three-year-old foreclosure-prevention scheme will rescue the sputtering programme

A German proposal to put an EU commissioner in charge of scrutinising the Greek budget caused a diplomatic standoff between Berlin and Athens over the weekend as negotiations over a second Greek bailout plan grew tougher. EurActiv Greece reports. More »

Considering how rich the eurozone is, the request to involve the fund in a hypothetical rescue is morally reprehensible, writes Wolfgang Münchau