Germany's finance minister Wolfgang Schäuble says Greece will need another bailout after 2014, but ruled out another haircut on Greece's debt. Greece has already received two bailouts worth a total of 240 billion Euros.
Eurozone finance ministers have reached a "political agreement" to grant Greece €6.7 billion in bailout money. The ministers praised Greece's progress, putting it on track to leave its bailout program this year.
Greek Prime Minister Tsipras has said his country is no longer in danger of Grexiting - leaving the EU - and is seeing an inward investment boom. He said he is hopeful after nine years of recession, but questions remain.
The SPD's Olaf Scholz, Hamburg's former mayor, has been appointed Germany's new finance minister. Who is the man taking over from Wolfgang Schäuble and what does this mean for Germany's austerity stance? DW takes a look.
A 29-year-old parcel-bomb suspect has been arrested by Greek police probing intimidation of European figures involved in Greece's financial bailouts. In May, Greek ex-premier Lucas Papademos was wounded.
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