A beefed-up European debt crisis defence shield, the EFSF bailout fund, will be operational in December but fully fleshed out only in February, Jean-Claude Juncker, who heads the eurogroup finance min

Greece's main two political parties have agreed on an interim prime minister to take the crisis-hit country out of deadlock and avert a looming bankruptcy, state television NET said on Monday.

The ne

Greek Prime Minister George Papandreou won a nail-biting confidence vote in parliament early Saturday after vowing to form a government of national unity in the crisis-hit country.

Papandreou carried

Greek Finance Minister Evangelos Venizelos said on Friday he had told his European partners that Greece had officially scrapped its plan for a referendum that had enraged leaders Europe-wide.

Venizel

India has not received any request from the G20 or from individual countries for help in resolving the Eurozone crisis but is ready to do whatever needs to be done, Planning Commission Deputy Chairman

Prime Minister Manmohan Singh on Wednesday expected the Summit of world's 20 leading economies (G20) to signal a 'strong and coordinated approach' to put the global economy back on track, while addr

India could consider supporting extra financing for the euro zone if European policymakers make a credible assessment of its solvency problems, Finance Minister Pranab Mukherjee told reporters on Wedn

The eurozone crisis is 'a real danger' to all Europe's economies, including Britain, said Chancellor George Osborne as he arrived for crunch EU talks urging a quick fix to the crisis.

"What we're goi

Deep divisions between France and Germany mean they will make scant progress on strengthening the euro zone bailout fund at a summit on Sunday, in a sign that Europe's leaders are still some way from

G20 nations are committed to ensuring the International Monetary Fund has adequate resources to deal with the debt crisis, a draft statement from finance chiefs meeting in Paris said on Saturday.

The