Eurozone finance ministers approved a €110bn package of emergency loans for Greece on Sunday, €80bn of which will be provided by eurozone countries, and the rest from the IMF. The loans will be co-ordinated by the European Commission, with up to €30bn of the eurozone loans available in the first year.

While hundreds of demonstrators took the streets in Greece yesterday (4 May) and international stock and bond markets sank, the European Commission tried to reassure investors that the multi-billion euro loan package, approved last weekend to help Greece tackle its debt problem, will be able to go forward without the approval of every eurozone member state. 

The country's government has cleared the way for the launch of a €440bn rescue fund for eurozone countries, but says it opposes participation in a separate €110bn bail-out for Greece

Eurozone finance ministers approved a €110bn package of emergency loans aimed at averting a sovereign default by Greece and preventing a confidence crisis spreading to countries such as Spain and Portugal

Eurozone finance ministers yesterday agreed on a €30bn loan commitment to Greece over the next year to help manage its debt crisis, as part of a three-year commitment, with the IMF potentially providing another €15 billion. Greece has not yet asked for the loans, but if put into action the agreement would be the biggest multilateral financial rescue ever attempted.

EUROZONE finance chiefs signalled yesterday that they were prepared to centralise national economies in a landmark decision to save Greece.

Slovakia's new government has come under fire from its eurozone partners after its parliament voted overwhelmingly to reject taking part in a European Union aid package for the troubled Greek economy

What will the eurozone look like in twelve months? There are two answers to the cruel questions posed to Greece by the single currency and the Euro wars, writes John Redwood. The simple and best one would be for Greece – and a few others – to leave the Euro, re-establish their own currencies, devalue and price themselves back into work. This remains unlikely, given the huge political c...

Greece has been told to pull its socks up and sort out its problems by one of the EU's longest-serving politicians, Luxembourg's Prime Minister and chairman of the eurozone's finance ministers, Jean-Claude Juncker. There's been lots of speculation about the eurozone flying apart, or at least the weaker members being forced out. I am pretty certain the eurozone countries would m...

Eurozone finance ministers approved a giant 30-billion-euro emergency aid mechanism for debt-plagued Greece on Sunday (11 April) but stressed Athens had not requested the plan be activated yet.