Henderson's Richard Pease expects improving economic indicators, combined with hedge funds putting their cash back to work in equities, will lift European markets towards the end of the year.
A double-digit stock market correction will prove the wake-up call to spur policymakers into action on the eurozone crisis, and could prove the perfect time to buy European stocks, according to Justin Oliver.
The eurozone has officially entered recession, the latest GDP data shows, as growth in core economies was offset by a surprisingly weak figure from the Netherlands.
As Greece finds itself making headlines once more, eurosceptic John Redwood has warned a euro break-up is still on the cards.
Alliance Trust has snapped up a £35m stake in European equities, backing Spanish banks and cash-rich eurozone corporates to re-rate significantly over the long term.
Capital Economics' managing director Roger Bootle gives his views on how markets and European countries would respond to a Greek exit from the eurozone and the impact on other struggling peripheral nations.