European Union

The managers of Polar Capital's UK Absolute Return fund have used the turbulence of the past fortnight to increase net market exposure to its highest level this year, adding to positions in favoured banks and miners.

French President Nicolas Sarkozy threatened to exit the euro unless German Chancellor Angela Merkel backed the EU's €750bn safety net for the single currency.

The Bank of England (BoE) today kept interest rates at a record low of 0.5% as uncertainty remains over who will govern Britain.

Spain finally emerged from recession in the first quarter of 2010, following nearly two years of negative growth.

COLLINGS' CORNER

After the €110bn bailout of Greece on Sunday, Investment Week brings you a timeline of the country's economic turmoil in 2010.

INVESTMENT TRUSTS

THE ALCHEMIST

WATER

Greece could be forced to reluctantly accept the agreed EU and IMF bailout package after its borrowing costs surged to fresh highs yesterday.