Europe

EU leaders have agreed a further €109bn (£96bn) bailout for Greece, one-third of which will come from private sector bondholders.

German Chancellor Angela Merkel and French President Nicolas Sarkozy have hammered out a common position on the euro debt crisis.

Source has teamed up with Bank of America Merrill Lynch to give investors exposure to emerging markets in Europe, the Middle East and Africa.

News the EU and IMF have reached a deal on Greece which should prevent a default have failed to calm markets, as the beleagured nation faces a new round of austerity measures and a government reshuffle.

Dominique Strauss-Kahn this morning gave in to mounting pressure following his arrest for an alleged sexual assault by resigning from the IMF.

Proving there's a silver lining to every cloud, Alistair MacDonald of the Merrion European Absolute Return Fund explains why a slumped currency can be a boon to exporting stocks held within his fund.

New research by market research consultancy Finaccord forecasts that the market for professional indemnity insurance across 10 European countries will be worth around €7bn come 2014.

Dominique Strauss-Kahn, the head of the IMF, has agreed to undergo medical tests over allegations of sexually assaulting a hotel maid in New York, in a case which has thrown European debt crisis talks into disarray.

The economies of the 17 countries in the single currency block grew 0.8% in the first three months of 2011, up from 0.3% in Q4, figures out today reveal.

The Natixis Euro High Income Fund is poised to address current investor demand for European high yield bonds in the UK and continental Europe, according to Natixis Global Associates International.