Greek government-debt crisis

Spanish Economy Minister Luis de Guindos said on Wednesday that Greece is unlikely to be able to return to capital markets by June, when an extension of its bailout expires, so it will probably need further support from European partners.

Francois Hollande and Alexis Tsipras' meeting in Paris was concluded at around 15:00 GMT. The two country leaders spoke to the gathered journalists but took no questions.

Greece's new Prime Minister Alexis Tsipras said during a visit to Brussels on Wednesday that he believed it was possible to find a solution to the debt standoff between Athens and the EU.

Greek Finance Minister Yanis Varoufakis said Wednesday that his meeting with European Central Bank chief Mario Draghi had been ?fruitful? and gave him ?a great deal of encouragement.?

Greece sold 1.138 billion euros ($1.27 billion) of six-month Treasury bills on Wednesday, covering the amount it wanted to refinance a maturing issue, in a sale that tested the country's ability to raise funds amid a cash crunch.

New Democracy spokesman Costas Karagounis attacked Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis on Wednesday, charging that duo is damaging the reputation of the country with their statements.

By Nikos Chrysoloras

Greece's anti-bailout governing coalition wants to reduce the country's debt burden. Who's on the hook if they succeed?

Greece should follow in the steps of Ireland's ?constructive engagement? with Europe in dealing with its lingering debt crisis, the country's Prime Minister Enda Kenny has said.

?For Greece, there's a lesson from Ireland,? Irish Taoiseach Enda Kenny told CNBC on the sidelines of the Irish Business and Employers Confederation's conference in Dublin on Wednesday.

Greek Finance Minister Yanis Varoufakis style as he rolled up in a padded leather jacket to meet British Chancellor George Osborne drew a great deal of commotion. The shaved head and casual look earned him the name of the rock' n' roll finance minister. People wondered what message he was trying to get across with this dress code. His wife, however, has a simple answer:

Greek yields rose on Wednesday as a media report that the ECB was unwilling to approve Athens' proposal to raise the ceiling for its treasury bill issuance cooled optimism that a compromise debt deal may be reached.