UK banks have around £12bn tied up in Greece, sparking fears they may face losses if the nation's banks default following the latest election results.
Left-wing Syriza's Greek election win has sparked suggestions of a read-across to other eurozone countries, but some say it could be a buying opportunity for investors.
Deflation puts governments on the naughty step
Left-wing anti-austerity party Syriza has secured a commanding election victory in Greece overnight, setting the scene for a stand-off between the country and its creditors.
Inflows into European peripheral debt have soared as investors prepare for a widely expected announcement of quantitative easing by the European Central Bank (ECB).
What are the prospects for the eurozone in 2015?
Jean Maigrot, manager of the long/short Newsmith European fund, has warned investors of the damaging long-term impact on the eurozone of a potential Greek exit, while expressing concerns the ‘Draghi put' may not be substantial enough to be properly effective....