Eurozone is prospering despite global problems

Despite the uncertainty in global stock markets, some of the countries in the eurozone have prospered in recent months. Even Germany managed to shrug off its structural and economic problems to outstrip its peers and become the best-performing eurozone country in April. According to Davina Curling, manager of the £11m Isis European Prime fund, although Germany is still the 'sick man of Europe', its equity market has done well in recent weeks. 'Some stocks have outperformed strongly,' she says. 'We closed our negative bet on Germany just before the rally as the stock market had fallen ...