Germany's GDP slumped by the most in four years in Q4 2012, with French, Italian and Japanese growth also contracting more than expected on the quarter.
The French labour minister, Michael Sapin, described the nation as "totally bankrupt" in a recent interview, leaving the French President Francois Hollande to minimise reputational damage.
Bob Jolly (pictured), head of global macro at Schroders, reviews a year in global bond markets and asks what themes could characterise the asset class in 2013.
A Ratner moment, Skandia cost cuts and more taxes on the rich all made our top ten list of best read stories on the Investment Week website this week.
Moody's has stripped France of its AAA rating as Artemis' William Littlewood becomes the latest fund manager to turn more negative on the country.
France's economy is looking increasingly troubled and it could be the next eurozone domino to fall, investors at Legal & General Investments and Carmignac Gestion have warned.