Investors have suggested the eurozone crisis has not yet reached another critical stage, despite a €100bn bailout of Spanish banks failing to prevent the country's borrowing costs reaching record highs.
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.
Will excessive caution lead wealth managers to miss out on lucrative opportunities? Katie Holliday reports.