Artemis' Foster questions German commitment to eurozone

Artemis' James Foster has challenged Germany's appetite to stay in the eurozone in its current form after another tumultuous week of market activity.

Concerns over Italy's stability briefly pushed yields on its 10-year government debt to 7.4% earlier this week and strengthened the case for European Central Bank intervention via either increased bond buying or quantitative easing. But Foster, manager of the £542m Artemis Strategic Bond fund, said the central bank's next move remained dependent on German sentiment - and questioned whether Germany still had faith in the eurozone itself. "My belief two weeks ago would have been 100% that the Germans would say ‘we do not want this, but it is what we have to do to keep the euro going.' B...