Both Germany and France have ruled out common eurozone bonds as a solution to the bloc's debt crisis.
European markets have surged on reports eurozone leaders will back a 'selective default' on Greek debt.
Investment Week and our sister title InvestmentEurope provide ongoing updates of the latest industry thoughts around today's crisis talks on the future of the euro.
German Chancellor Angela Merkel and French President Nicolas Sarkozy have hammered out a common position on the euro debt crisis.
You can call the economic woe that's spreading across the EU a sovereign debt crisis, but best advice for IFAs with international clients is not to panic over currency markets, says forex specialists HiFX.
The euro has fallen against the dollar amid sovereign debt concerns and fears Greek contagion could spread to Italy.
SVM Asset Management's Colin McLean believes the cost of trying to maintain the Eurozone might prove too much for the voters of Northern Europe.
The European Central Bank has indicated it will raise interest rates for a second time in four months at next week's meeting.
The euro slumped today as eurozone finance ministers postponed Greece's €12bn bailout package until the country implements tougher austerity measures to curb its soaring deficit.
European markets are flying high on the back of fresh hopes a solution to the Greek debt crisis can be found along with positive economic news emanating from Japan.