Eurozone leaders echo hopes for Greek deal

Eurozone leaders have echoed hopes that a deal can be struck within days to stop Greece defaulting on its debt.

Debt crisis: Spain poised for further spending cuts

The Spanish Prime Minister Mariano Rajoy said that he will take additional steps in the coming days to reduce the country's debt mountain.

Debt crisis: Ireland hails euro 'game changer'

Ireland claimed that a deal struck at a summit of eurozone leaders was a “game changer” for the country which would help it escape a second bailout.

Greece downgraded deeper into junk

NEW YORK (CNNMoney) -- The credit rating on Greece's government debt was downgraded deeper into junk bond territory on Thursday.

Spain braces for nationwide general strike

Madrid, Spain (TOE) - Spanish trade unions are holding a general strike a day before the Prime Minister Mariano Rajoy announces new austerity budget to meet strict guidelines set by Eurozone leaders.

Greece aid package boosts stock markets

Shares have risen following the eurozone's agreement designed to resolve the Greek debt crisis.

UK and French markets gained more than 1% in morning trading, before slipping slightly, with the FTSE 100 index ending up 0.6% and the Cac 0.7% higher.

Eurozone leaders agreed a new package worth 109bn euros ($155bn, £96.3bn).