Greece's government

A meeting of eurozone financial ministers is scheduled for Friday, in order for a solution to be reached for the crisis in Greece.

Informal division has been observed, as Germany largely relies on the support of Finland and Netherlands, and perhaps Portugal and Spain that have already taken the bailout road, but never had the chance to renegotiate.

Greece's government confirmed it would ask on Wednesday for an extension to its loan agreement with the euro zone

Greece's government confirmed it would ask on Wednesday for an extension to its loan agreement with the euro zone, which it distinguishes from its full bailout program.

The European Central Bank's recent monetary policy actions have reduced risks in the euro zone's banking system but strong vigilance is still needed, Greek central bank governor Yannis Stournaras said on Sunday.

After Greece's government announced that it would start the process of electing a new president early, here's what the constitution says about what comes next:

Greece's government will seek a confidence vote when parliament convenes for a new session, the government said in a statement on Wednesday, amid growing speculation that snap elections could be called.

Greece's government named lawyer Katerina Savvaidou as the country's top tax official on Monday after her predecessor abruptly resigned under a cloud, causing concern among the country's international lenders.

By John Geddie

Lower-rated euro zone bond prices slipped on Friday, deepening sharp falls on Thursday triggered by nervousness about the stability of the Greek government, a tax on foreign holders of Greek bonds, and weak growth.

Greece's government on Thursday denied it had instituted a retroactive tax on foreign holders of Greek bonds, saying capital gains booked from early 2012 to the end of last year were subject to the tax regime covering that period.

Cyprus relaxes banking restrictions

Cypriots can now cash cheques and have higher limits on transactions. Also in business news: Switzerland will grant 500 Croatian workers access to the country's labour market.

Banking regulations were imposed last year as part of the austerity measures in Cyprus. [AFP]