The Taoiseach Enda Kenny has congratulated Alexis Tsipras who was appointed Greek Prime Minister today.

The Minister for Finance Michael Noonan has said the Irish taxpayer could lose €350m if Greece defaults on its debts.

Radical left leader Alexis Tsipras has been sworn in as Greece’s new prime minister, becoming the youngest man to hold the post in 150 years.

A senior minister in Greece's governing conservatives has conceded defeat to the radical left Syriza party after today's general election.

Polls have closed in a Greek general election that could change the shape of Europe.

Lawmakers in Greece are to vote on a proposal to suspend state funding for political parties accused of criminal activities, a measure targeting the Nazi-inspired Golden Dawn group.

The banker who was chosen to be Greece’s next finance minister resigned for health reasons today, three days after he was admitted to hospital.

Greece’s new prime minister and finance minister are both in hospital, with one undergoing eye surgery and the other remaining hospitalised a day after collapsing.

Greece’s new conservative-led coalition government named its Cabinet today, appointing a prominent banker to take over the key position of finance minister.

Greece moved to end its protracted political impasse yesterday, swearing in a new prime minister to lead a largely pro-bailout coalition tasked with saving the country's place in the eurozone and easing a European financial crisis with global repercussions.

Greece has agreed a new coalition government, Socialist Party head and former Finance Minister Evangelos Venizelos announced this afternoon.

The three parties backing Greece's bailout deal have agreed to form a coalition government and are negotiating final details.

A coalition government could be formed by later today in Greece, the head of the country’s socialist party has said.

Greece's conservative leader is to hold a second day of talks with rival party leaders in an attempt to form a coalition government, after the debt-crippled country's second inconclusive election in six weeks.

Greek conservative leader Antonis Samaras is starting coalition talks after winning elections that follow weeks of uncertainty over the debt-crippled country’s future in the eurozone.

Fears of an imminent Greek exit from Europe’s joint currency receded after the conservative New Democracy party came first in a critical election and pro-bailout parties won enough seats to form a joint government.

The New Democracy party came in first in Greece’s election today and immediately proposed forming a pro-euro coalition government – a development that eased, at least briefly, deep fears that the vote would unleash an economic tsunami.

Greece’s conservative New Democracy party is set to come first in an election that is crucial for Europe and the world, exit polls showed tonight.

Former Greek Prime Minister George Papandreou has said it would catastrophic if Greece were to exit the euro currency.

The European Commission denied today that it was preparing a "script" for Greek exit from the eurozone.

European Commission President Jose Manuel Barroso has said the EU wants Greece to remain part of the European family.

Senior judge Panagiotis Pikramenos was named Greece’s caretaker prime minister today, and new elections will be held on June 17, according to reports on state TV.

Finance Minister Michael Noonan has insisted that Ireland is unlikely to be affected by the Greek crisis because the two countries have no economic connections.

Greece’s president is to convene the crisis-struck country’s political leaders again today, this time to appoint a caretaker government that will lead the country into new elections next month.

Greece is headed for another month of political paralysis ahead of new elections in mid-June after party leaders failed to agree a coalition government.

Greece will hold a new general election in June after days of talks failed to resolve the country’s political deadlock.