Europe

Cazenove's Tim Russell is stepping down from his position as head of pan-European equities.

The eurozone was a crowning achievement for many Brussels europhiles, of which they no doubt felt intense pride. As history shows again and again, it came before a fall.

The True Finns party has just won a stronger position in Finnish politics. This has a wider significance, because their platform includes refusing to join in any EU-wide bailout of Portugal.

ON EUROPE

Greece will be forced to restructure its sovereign debt in June 2013 when a spate of longer-term notes will need to be rolled over, according to Patrick Armstrong.

Head of European high yield at Aberdeen believes low interest rate climate makes income from high-yield bonds more attractive to investors

ON EUROPE

Back in July 2000 following the Asian crises, the IMF produced a report entitled "Currency and Banking Crises: The Early Warnings of Distress". The study looked at 102 financial episodes in 20 countries.

Greece is to privatise €50bn of state assets in an effort to fund its latest austerity plan.

Threadneedle's Dan Ison has backed the eurozone to continue to recover after adding 5.5% to European bank stocks in his £69m Pan European Accelerando fund.