greece

UK banks have around £12bn tied up in Greece, sparking fears they may face losses if the nation's banks default following the latest election results.

Left-wing Syriza's Greek election win has sparked suggestions of a read-across to other eurozone countries, but some say it could be a buying opportunity for investors.

Left-wing anti-austerity party Syriza has secured a commanding election victory in Greece overnight, setting the scene for a stand-off between the country and its creditors.

Tesco, the oil price, and the 'Draghi put'

Think local

Jean Maigrot, manager of the long/short Newsmith European fund, has warned investors of the damaging long-term impact on the eurozone of a potential Greek exit, while expressing concerns the ‘Draghi put' may not be substantial enough to be properly effective....

The FTSE 100 has fallen a further 1.5% this morning, taking losses for the week to over 5%, as investors continue to fret over a plunging oil price and latest developments in the eurozone.

Peripheral Europe economies are diverging and investors should think of Spanish and Italian sovereigns as a rate trade, not a credit play, explains Carmignac's Sandra Crowl.

Core government bond yields have tumbled this afternoon, as investors rush back to safe havens and stocks slump amid widespread selling.

Europe's dilemma: What are Draghi's options?