The eurozone needs deeper integration to remove the risk of a member country leaving the single currency, Italian Economy Minister Pier Carlo Padoan told the Financial Times in an interview on Sunday (26 July).
Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports on Sunday (26 July) that highlighted the chaos in the ruling Syriza party.
Greek Prime Minister Alexis Tsipras contained a rebellion in his left-wing Syriza party to win parliamentary approval on Thursday (22 July) for a second package of reforms required to start talks on a financial rescue deal.
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.
Putin knows he can use Greece to drive a wedge between Brussels and individual EU member states, and Greek Prime Minister Alexis Tsipras should have known better when he makes plans for an extension of the Turkish Stream project across his country, write Sijbren de Jong and Willem Oosterveld.