Unemployment in the eurozone fell in February to its lowest level since May 2009 as a hiring spree took hold despite uncertainty over Brexit, EU figures showed Monday.

The Eurostat statistics agency said the jobless rate in the 19-nation single currency area fell to 9.5 percent, with sustained drops in Spain and Portugal also a factor.

Iceland is planning to peg its krona to another currency, possibly the euro or pound sterling, to stabilize its fluctuating exchange rate, its finance minister told the Financial Times on Monday.

The Icelandic currency is booming as a result of the island's spectacular recovery after the 2008 economic collapse, which forced authorities to nationalise three failing banks and impose capital controls.

The energy-rich Gulf nation of Qatar says it plans to boost production from a vast underwater natural gas field by 10 percent.

State-run Qatar Petroleum said Monday the increase would give the 2022 World Cup host capacity to export some 2 billion cubic feet of gas per day from the North Field.

The Panama Papers have given ammunition to the fight against tax evasion, but much still needs to happen before the world's tax dodgers run out of places to hide money, experts say.

Reports that Russia's economy ministry is set to take control of the national statistics agency has sparked fears that indicators crucial to monitoring the country's economic woes could become skewed.

China will create a new special economic zone outside Beijing similar to those established in Shenzhen and Shanghai, the government said, in a bid to boost flagging growth and reduce the strain on the capital.

Greek Prime Minister Alexis Tsipras said Sunday that "significant steps" would be needed on reducing his country's debt in order for Athens to finalize a long-delayed deal with its international creditors.

British finance minister Philip Hammond will head a business delegation to India next week in an effort to boost international trade as Britain begins the process of leaving the European Union.

Turkey dodged a recession as the economy returned to growth in the last three months of the year, data showed Friday, but its annual growth rate slowed sharply.

The Turkish economy rebounded with 3.8 percent growth in the final quarter of the year compared with the previous three month period, when it shrank by 2.7 percent on a seasonally and calendar adjusted basis, according to the Turkish Statistics Office (TUIK).

Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy out of recession caused by the slump in global oil prices.

But analysts said the measures do not go far enough and foreign investment would only return to Africa's most populous nation once the market determines the currency's true value.