Greek prime minister Alexis Tsipras is fighting for his political life, having agreed to a bailout that analysts predict will drive the country into two years of recession.

The Oireachtas banking inquiry is expected to be informed of the optimum timeline and areas for investigation by a special team of advisers before the end of this month.

The banking inquiry has confirmed a list of banking experts who have agreed to offer their advice for free.

Megan Greene has a great column on Cyprus and the euro. In short, there are costs and benefits to leaving the euro — but the costs are going to be borne anyway, which means that, at the margin, devaluation is likely to be good for the country.

A European economist has said there is "no way" the IMF would fund Ireland separately from the arrangements that are in place with the troika.