Italy

Shares in the Royal Bank of Scotland dropped as much as 6% after the bank reported its half year results and announced its new CEO.

EUROPE

Ignis Asset Management's Stuart Thomson has identified five countries across Europe which could be the epicentre for the next leg of the region's financial crisis.

It is "inevitable" Italy will need an EU bailout in the next six months, according to analysts at the country's second largest bank.

The FTSE 100 continued to recover today as banks lifted the index higher on signs that some of the instability in Europe is coming to an end.

SPECIAL REPORT

The worst of the eurozone debt crisis is over, according to Alliance Trust Investments' Fiona MacRae, as capital flows in the region start to reverse.

EQUITIES

EUROPE

COMMENT