greece

European sovereign debt does not compensate investors adequately for the risk they are taking, says Axa Investment Managers' chief investment officer Chris Iggo.

Property fund manager Clavis Walden has delayed launching a planned UK commercial property fund, pointing to investor uncertainty in the face of macroeconomic instability.

Europe is beginning to look attractive again following sharp falls in the euro and the region's stock markets, according to Sarasin's Mark Whitehead.

M&G's Richard Woolnough discusses the market turbulence in Europe and why the developments could force investors to look elsewhere.

UK GROWTH

EUROPE

French President Nicolas Sarkozy threatened to exit the euro unless German Chancellor Angela Merkel backed the EU's €750bn safety net for the single currency.

The headlines proclaim now the real work starts. After months of debate and ducking of the issues there is no hiding from hard decisions about cutting public spending and reducing the deficit.

Spain finally emerged from recession in the first quarter of 2010, following nearly two years of negative growth.

EUROPE