Argentina returned to international financial markets , receiving offers for its sovereign bonds ahead of its first debt sale in 15 years.
A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.
Italy and the European Union on Tuesday reached agreement on creating a guarantee vehicle to help Italian banks sell bad loans.
The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.
Russia plans to open a $5 billion credit line for Iran to help finance infrastructure projects in the country, officials from both countries said during a visit by Moscow's energy minister.
Standard and Poor's upgraded Ukraine's credit rating from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.
Moody's cut France's sovereign debt rating one notch to Aa2, saying the country will struggle with slow growth and a high debt burden for the next five years.
IMF chief Christine Lagarde heaped praise on Ukraine's reform efforts in a visit to Kiev following a deal to restructure the country's debt burden.
Greece geared up for a snap election next month, with an opinion poll showing the leftist party Syriza ahead despite a wave of defections over the country's massive new bailout.
Rebels from Greece's Syriza party on Friday formed a breakaway parliamentary group after Prime Minister Alexis Tsipras resigned.
Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?
Spanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.
Greek Prime Minister Alexis Tsipras told US Treasury Secretary Jacob Lew his country wanted the eurozone to provide a bailout, but one that "respects the Greek people".
Greece's creditors piled pressure on cash-strapped Athens as the IMF pulled its team out of talks and the EU warned Athens to stop gambling with the possibility of default.
The EU's Economic Affairs Commissioner Pierre Moscovici said he believed "more than ever" that a debt deal was possible between Greece and its creditors.
Spanish Economy Minister Luis de Guindos said he expects Greece will reach an agreement with its bailout creditors in the "coming days".
The International Monetary Fund said that Greece may need debt relief but rejected news reports that it had pushed for it at a eurozone meeting last month.
Greece is due to make its 459 million euro ($495 million) April loan payment to the IMF following days of uncertainty.
Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a meeting with Greek Finance Minister.
Greece's foreign minister said his left-wing government wants to resolve the nation's debt squeeze with Europe.