Europe

ON EUROPE

It would make a change to write about something other than Europe, but with the world looking on at this dysfunctional continent, epitomised by having a German Pope and an Italian central banker, that is much easier said than done.

Eurozone leaders' failure to call for ECB intervention on the continent's debt crisis at a press conference yesterday caused the euro to fall to a seven week low against the dollar.

EUROPE ON THE BRINK

The ABI has warned Europe's biggest banks they could face a debt buyers' strike, amid an increasingly bitter feud over controversial changes to their bonds.

Hungary has asked the International Monetary Fund (IMF) and the European Union (EU) for financial aid as its debt pile grows and its currency weakens.

GLOBAL

Fixed income specialist says Portugal will soon be exposed as most unstable region.

EQUITY INCOME

T. Rowe Price has added a European High Yield Bond strategy to its fixed income range, managed by Mike Della Vedova.