The Austrian finance minister has today stated that Ireland must "give" before it can receive better terms on its bailout package.

Eurozone nations have agreed to delay the payout of the next installment of an emergency loan to Greece from December to January.

THE EU piled pressure on Greece yesterday when it announced that Commission, ECB and IMF experts will be in Athens in the coming days to see if they are making the necessary cuts to their spending.

FARMING futures will be on the line in Geneva, Switzerland, on June 26, as trade ministers make a last-ditch attempt to cut tariffs and subsidies for farm and industrial goods.