The single currency strengthened against the dollar today as Spain was granted a €100bn EU and IMF bailout to prop up its banking sector.
Skandia Investment Group's Rupert Watson, head of asset allocation, has outlined eight reasons why Greece should not be allowed to leave the euro, despite the increasing likelihood it is forced to exit.
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.