Turkey’s central bank releases minutes of its last meeting at which it cut interest rates by a quarter point.
Germany’s parliament will vote today on the extension of Greece’s bailout by four months and will duly back it though we can expect some grumbling from a clutch of lawmakers.
Greece sent an economic reform plan to its EU and IMF creditors overnight, according to an EU source, and euro zone finance ministers will this morning see the list which is a condition for extending the country's bailout programme by four months.
A Greek deal has been pulled from the fire at the last moment. The country’s bailout programme will be extended for four months averting a potential cash crunch in March that could have forced the country out of the currency area.
By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.