Greece has submitted a fresh list of economic reforms to euro zone authorities, estimating the measures could raise as much as €6 billion this year. It is the cash-strapped government’s most comprehensive effort so far to unlock €7.2 billion in bailout funds before it goes bankrupt. The 26-page document relies on plans to crack down on tax evasion and fraud to raise most of the revenues. These include €875 million from audits of offshore bank transfers and €600 million from a new lottery scheme aimed at compelling consumers to demand value-added tax receipts.

Difficulties faced by credit unions are grossly exaggerated and confused with toxicity in the banking sector, the president of the Irish League of Credit Unions has said. Speaking to the Irish Times, Martin Sisk said issues faced by a small number of credit unions were broadly misconstrued as affecting the whole sector. “There were things said that suggested that credit unions had a much bigger problem than they actually had and a lot of issues got exaggerated at the time, but I’m glad to say that in more recent times there is more clear [media] coverage of the issue,” he said.

Household loan repayments exceeded drawdowns by €608 million during February, according to new figures released by the Central Bank. This follows revised net repayments by housesholds of some €548 million in January. The Central Bank said the outstanding amount of loans to Irish households decreased by an annual 3.5 per cent last month, following a decrease of 3.2 per cent in January. The outstanding amount of loans for house purchase, which account for 82 per cent of total household loans, declined at an annual rate of 2.6 per cent.

Britain’s seven biggest lenders will be assessed on whether they could withstand a severe external shock including a Chinese property crash, a deep eurozone recession and the worst deflation since the 1930s, the Financial Times reported. The Bank of England on Monday presented the scenario for its second annual stress tests, which it said expanded on last year’s exercise to include more of a focus on global risks.

With the prospect of a default looming in Greece, Prime Minister Alexis Tsipras is preparing to meet next week with President Vladimir V. Putin of Russia as a European deal to give more aid to Athens falters, the International New York Times reported. The timing has raised questions of whether the visit is an ordinary component of the new Greek government’s multipronged foreign policy, or a pivot toward Russia for financial aid in the event that Greece’s talks with European officials collapse.

Comments by a Supreme Court judge on a matter of law could have implications for many hundreds of distressed mortgages loaned by the former Bank of Scotland (Ireland), the Irish Times reported. At the end of 2010 a cross-border merger took place between Bank of Scotland Ireland (BOSI) and Bank of Scotland. As a result, BOSI ceased to exist. Since then, some of the mortgage business of the former BOSI has been sold on to other international finance companies, while the rest of the loans remain on the books of Bank of Scotland.

Greek proposals for a revised bailout program don’t have enough detail to satisfy the government’s international creditors, eurozone officials said, making it more likely that Athens will need to go several more weeks without a new infusion of desperately-needed cash, The Wall Street Journal reported. Officials from Greece’s leftist government were in Brussels over the weekend to present the proposals to officials from the European Commission, the European Central Bank and the International Monetary Fund—the trio of institutions representing the government’s creditors.

Greece is hurrying to compile a list of economic overhauls that satisfies its creditors and secures desperately need bailout aid, as it runs increasingly low on cash and debt payments loom, The Wall Street Journal reported. Key officials in Greece’s new government, led by the leftist Syriza party, were hunkered down in meetings Thursday to flesh out new economic policies with the aim of submitting a list of overhauls by Monday at the latest, senior officials said.

Greek bank deposits plunged to an almost 10-year low in February as some €8 billion ($8.7 billion) were withdrawn from lenders, amid rising political uncertainty and worries over the country’s possible exit from the eurozone, The Wall Street Journal reported. Total deposits fell to €152.4 billion euros in February, down from €160.3 billion in January, data from the country’s central bank showed Thursday. This is the lowest level since June 2005. During the last three month, Greeks have pulled some €25 billion from the banking system, fearing currency changes or capital controls.

Growing desperation and technical changes to entry rules on Serbia’s border prompted tens of thousands of Kosovars to try to leave the former Serb province in late 2014, the Financial Times reported. Even as tighter controls have curbed the outflow from one of the continent’s poorest countries, the worsening economic situation that forced them to leave remains. Despite 15 years of western tutelage and billions of dollars in investment, many want to leave a country dominated by a small elite with close links to organised crime.