Eurozone approves next Greece bailout payment

Eurozone ministers have signed off the next 8.3bn euro (£6.8bn; $11.4bn) instalment of Greece's bailout.

EU says mismanaged Greek banks face "revamp"

BRUSSELS (Reuters) - Banks recapitalized as part of Greece's bailout may be forced to overhaul their management and governance, the European Commission said, in response to questions raised by Reuters about alleged malpractice at Greece's fourth-largest bank.

World Bank warns that euro collapse could spark global crisis

The outgoing head of the World Bank, Robert Zoellick, will warn the G20 summit that Europe runs the risk of sparking a Lehman-style global crisis that will have dire consequences for developing nations.