European markets edged lower this morning, echoing falls across Asia overnight, as investors showed caution over the outcome of the Greek debt swap deal.
World renowned financier George Soros has outlined a fresh proposal for tackling the eurozone crisis, involving short-term loans for Italy and Spain.
IMF chief Christine Lagarde has ramped up the pressure on Greece's private creditors to put a better offer on the table as debt swap negotiations continue this week.
As investors start to take on more risk we ask managers for their strategies in this environment.
Britain is not "walking away" from Europe, but safety measures must be put in place for EU countries that are outside the single currency, said Prime Minister David Cameron.
M&G's bond fund star Richard Woolnough said the impact of eurozone failure and the potential introduction of trade barriers by major economies are the two greatest threats to markets in 2012.
Neptune founder and CEO Robin Geffen has ruled out the possibility of a eurozone breakup following a meeting with Italian Prime Minister Mario Monti.