The euro has hit a nine-month high against sterling after UK industrial output grew less than expected in November.
The "lunacy" of the euro and its "inevitable" end may improve the funding position of UK pension schemes, economist Roger Nightingale has said.
As Greece finds itself making headlines once more, eurosceptic John Redwood has warned a euro break-up is still on the cards.
A Greek exit from the single currency would be a "catastrophe", the country's prime minister reiterated over the weekend.
The euro hit a four-month high today against the US dollar after German lawmakers said the country can now approve Europe's rescue fund.
George Soros has urged Germany to "lead or leave the euro" just days before a key ruling on the eurozone's bailout fund by Germany's constitutional court.
Finland's foreign minister said the country is taking measures to prepare itself for a full-blown currency crisis in Europe.
Greece is seeking a two-year extension to its austerity programme from the European Union and IMF as it struggles to find room for another €11.5bn of spending cuts.
Warren Buffett has spoken out about the rapidly deteriorating state of the European economy, warning that there is no obvious answer to the region's problems.
Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.