Eurozone

EUROPE

Skandia Investment Group's Rupert Watson, head of asset allocation, has outlined eight reasons why Greece should not be allowed to leave the euro, despite the increasing likelihood it is forced to exit.

Billionaire investor George Soros has told European leaders they only have three months to rescue the single currency.

The likelihood of a Greek exit from the eurozone this year is only around 25%, well below investment banks' consensus forecast of 50% to 70%, top commentators have said, with Germany set to prevent a ‘Grexit' before its own elections in 2013.

European equities have fallen sharply this morning as the rate of Spain's manufacturing contraction increased and soaring eurozone unemployment worried investors.

BlackRock's Bob Doll predicts Europe's debt crisis will remain well contained, allowing global growth to continue at a modest pace.

PIMCO executive vice president Luke Spajic advises investors on how to negotiate 'upside down' credit markets.

Fidelity's Ian Spreadbury has tipped the yield on a 10-year gilt to dip below 1%, as the safe haven government bond saw yields hit a new low today.

The spread between safe haven bond yields and those of peripheral European nations has widened as fears grow over the weakness of the Spanish banking sector.

BlackRock head of European equities Nigel Bolton gives his views on the likelihood of a Greece exit from the euro and the impact on the rest of the region.