Greece is unlikely to exit the euro, either intentionally or accidentally. But it might be forced to introduce an alternative means of payment, in parallel to the euro, to pay some domestic bills if a reform-for-cash deal with its creditors is not secured soon, several euro zone officials said.

• March 27, 2015

The euro zone credit cycle is a whisker away from turning positive but don’t expect a rapid recovery.

• March 26, 2015

The European Union will impose anti-dumping duties from Thursday on imports of cold-rolled flat stainless steel from China and Taiwan, according to a notice on Wednesday in the EU's Official Journal.

• March 25, 2015

Turkey's first nuclear power plant is unlikely to be ready before 2022, energy officials said on Monday of the $20-billion project that has been beset by regulatory hurdles and complicated by Russia's financial woes.

• March 24, 2015

The euro zone will not make any cash payment to Greece until it has passed and implemented all the reforms Athens agreed on in February, Spain's Economy Minister Luis de Guindos told the Financial Times on Sunday.

• March 23, 2015

Turkey's first nuclear power plant is unlikely to be ready before 2022, energy officials said on Monday of the $20-billion project that has been beset by regulatory hurdles and complicated by Russia's financial woes.

• March 23, 2015

In eight International Monetary Fund programs since independence in 1991, Ukraine has completed just one successfully. A year on from Russia's seizure of Crimea, it looks unlikely it will live up to the terms of its latest deal with the IMF also.

• March 19, 2015

Russian billionaire Mikhail Fridman is preparing to sell North Sea gasfields at the heart of its fierce battle in Britain, bowing to government pressure and choosing to avoid a legal battle he previously threatened, the Financial Times reported.

• March 17, 2015