ECB's Coene says euro zone exit possible in theory: paper

(Reuters) - A country could in theory leave the euro zone if it wanted to, European Central Bank policymaker Luc Coene said, but he added that he could not imagine which nation would want to do so.

Russia’s Surprise Rate Increase Fails to Stem Ruble Drop

The ruble tumbled the most since 2011 after a larger-than-forecast increase of Russia’s key interest rate failed to ease concern that the economy will remain hobbled by sanctions and capital flight.

German Bonds Advance a Third Week as Euro-Area Inflation Slows

German 10-year bonds climbed for a third week as a report showed inflation slowed to a five-year low in the euro area, boosting bets the European Central Bank will take more steps to revive the region’s economy.