There is no let-up in sight for the eurozone economy, according to the latest predictions from the OECD, which has slashed its forecasts for the countries that drive the bloc’s growth, the Financial Times reported. The Paris-based international organisation expects eurozone gross domestic product to grow just 1 per cent year on year in 2019 and 1.2 per cent in 2020, according to its interim economic outlook, published on Wednesday. As recently as November it had forecast expansion of 1.8 per cent and 1.6 per cent.

Blackpool's recently-appointed board will have the opportunity to review their financial situation before the English Football League decides whether an insolvency penalty is required, the BBC reported. The club were put into receivership by the High Court on 13 February. It followed the removal of former owner Owen Oyston and his daughter Natalie Christopher from the board, when new directors were appointed by receivers. Such a breach of insolvency regulations could result in a 12-point deduction.

The chaotic transition to capitalism in Russia and its neighbors triggered a flood of hundreds of billions of dollars out of the former Soviet Union. Torrents of cash were often routed through offshore zones with limited controls, making it difficult to tell the difference between legitimate business and illicit flows from criminal activity. Sometimes the suspect money made its way into prominent international banks.

The Romanian government has released new plans to change legislation in several areas, including drastically higher fines and penalties for tax evasion and off-the-books work, changing insolvency procedures and construction laws, new investment objectives as well as financial compensation for citizens who served prison time in improper conditions, according to profit.ro.

Greece drew strong demand on Tuesday for its first 10-year bond issue since plunging into a debt crisis nine years ago, in a clear vote of confidence from markets in its economic revival days after securing a two-notch ratings upgrade, the Irish Times reported. It raised €2.5 billion from a sale that drew offers worth €11.8 billion, it said in a regulatory filing. The yield was set at 3.9 per cent, a slim premium judged by the secondary yields of outstanding Greek bonds and down from initial guidance of 4.125 per cent. The coupon was 3.875 per cent.

Talks between British Prime Minister Theresa May’s top government lawyer and European Union negotiators to win concessions from the bloc on Brexit ended with no agreement in Brussels on Tuesday, Reuters reported. May has sent Attorney General Geoffrey Cox to seek changes to her deal in a last-ditch bid to get it through parliament and smooth Britain’s departure from the European Union. The talks between Cox, Britain’s Brexit Secretary Stephen Barclay and the EU’s Brexit negotiator Michel Barnier ended with no agreement after more than three hours on Tuesday.

Mrs Brown’s Boys actor Daniel O’Carroll was among 73 individuals and firms who made settlements in the latest list of tax defaulters. Other actors from the show were last year linked to an offshore tax structure that helped them avoid hundreds of thousands of euro in tax. Details of the structure, which involved trusts in the Seychelles and Mauritius, emerged as part of the so-called Paradise Papers. The latest tax defaulters’ list, published on Tuesday by Revenue, provides details of 73 taxpayers who have made settlements totalling €12.7 million in the final quarter of last year.

A group of bondholders of construction conglomerate Odebrecht SA proposed on Monday the restructuring of $3 billion in bonds requiring new collateral and a cash infusion to allow a four-year extension on maturities. In a proposal publicized by the bondholders advisers, Rothschild & Co and law firms Davis Polk and Pinheiro Neto, bondholders require payment with no discount from the bonds’ face value.

German taxpayers could be left more than 600 million euros ($680 million) out of pocket in outstanding credit to Airbus for developing the A380 superjumbo, the Funke Mediengruppe will report on Monday citing an economy ministry statement, excerpts approved for release showed. Berlin loaned Airbus 942 million euros in 2002 in connection with the A380’s development, of which only a third has been repaid, the media group cited the statement as saying.

Creditors of Odebrecht SA’s engineering and construction division holding more than $1 billion of the Brazilian company’s bonds said they have proposed a debt restructuring, including a four-year extension of maturity, Bloomberg News reported. Odebrecht hasn’t responded yet to the proposal, which was presented on Wednesday, the creditor group said in a statement. The company was said in December to be running out of collateral it can pledge to creditors of its scandal-plagued construction unit.