European Union

Fears of a Greek default continued to impact markets despite a deal between the European Union and the IMF being struck yesterday.

Dromeus hedge fund manager Jason Manolopoulos argues Greece's ‘odious' debt was incurred by politicians with a self-granted veil of impunity

Portugal's caretaker prime minister Jose Socrates has announced he has reached agreement on a bail-out from the EU and the International Monetary Fund.

Manager of Henderson Extra Monthly Income Bond fund Ben Pakenham, explains why he is adding to risk assets following the Japanese earthquake and subsequent sell-off in high yield debt.

Eurozone leaders in Brussels have come to a ‘in principle' agreement on economic policy, designed to rescue Europe from its debt crisis, European Union President Herman Van Rompuy has announced.

Eurozone countries could get a far greater say in each others' economic policies, according to draft documents the BBC has reportedly seen.

FUND DOMICILES

ON EUROPE

European Union leaders have agreed to set up a permanent mechanism to bail out any member state whose debt problems threaten the 16-nation eurozone, the BBC reports.

The EU plans to make private lenders cover the losses of any future eurozone debt crisis, which will have a knock-on effect on government bond yields.