Eurozone finance ministers have signed off a second bailout for Greece, paving the way for the first €130bn package this month that aims to finance the country until 2014.
Greek bonds issued following Friday's €206bn debt exchange are trading at distressed levels, suggesting the deal has failed to reassure investors.
The Greek debt swap deal has been sealed and markets have responded in relief but has it really been a success and should we start worrying about Portugal?
Greece has confirmed it received enough support from creditors to carry out a vital debt swap which drastically cuts the value of debt owned by bondholders.
Natalie Kenway asks River and Mercantile how it has endured one of the worst recessions of our times, emerging with rising revenues and record AUM.
Markets in the UK and across Europe were gaining this morning, with investors optimistic holders of Greek debt will agree to a restructured deal.
In this Q&A Merlin manager and Jupiter CIO John Chatfeild-Roberts explains his thinking on financials and his fears over the impact of quantitative easing.
Schroders' chief economist Keith Wade has warned the latest Greek bailout is "doomed to fail", while delivering a more positive outlook for the global economy after the latest round of stimulus.
US stocks saw their worst day so far in 2012 yesterday as Greek debt swap concerns and fears over global growth put pressure on markets.
A 'disorderly' default in Greece could cause more than €1trn (£833bn) damage to the eurozone, a confidential report has warned.