Spain's borrowing costs have hit a high not seen since last November on news the government has approached the European Central Bank for help bailing out Bankia.
Markets across Europe have risen on hopes EU leaders may agree new measures to tackle the debt crisis at the NATO summit this week.
Leading fund managers are divided over whether investors should participate in equity markets if central banks across Europe provide a further round of stimulus.
As the eurozone crisis continues to batter markets today, we highlight the five key challenges facing the continent.
A move out of safe-haven assets has seen government bond yields spike, but Tim Gardner, co-manager of Legal & General's Multi-manager fund range, says they should not be dismissed just yet.