GERMAN Chancellor Angela Merkel and the International Monetary Fund’s managing director, Christine Lagarde, will meet in Berlin tonight as pressure grows to complete the Greek debt swap needed to put a rescue plan in place.

Officials from the EU, the IMF and the ECB return to Ireland today to review Ireland's progress on implementing the bailout deal.

IRELAND should move to negotiate a second bailout agreement with the EU and IMF, one of Europe’s leading economists has advised.

EUROPE’S debt crisis won’t be resolved until a number of country’s restructure their debt and clean up their banks’ balance sheets, said Citigroup chief economist Willem Buiter.

London: Fears of a sovereign default are “manifest” in Europe and will soon spread to Japan and the US, as governments struggle to control deficits, according to Citigroup Inc economists led by former Bank of England policy-maker Willem Buiter.