Europe

It has been a hectic year for investors, with the eurozone debacle driving core bond yields to record lows, while equity markets were buffeted by fears over China and the US.

Nouriel Roubini has warned the eurozone faces a 'depression' if policymakers do not relax tough austerity measures.

The eurozone has officially entered recession, the latest GDP data shows, as growth in core economies was offset by a surprisingly weak figure from the Netherlands.

The "lunacy" of the euro and its "inevitable" end may improve the funding position of UK pension schemes, economist Roger Nightingale has said.

Workers approaching retirement could be hit by significantly weaker annuity rates as the eurozone's economy enters a technical recession, an adviser group has warned.

In the latest InvestmentEurope Conjecture debate, our panelists from SPDR ETFs and S&P Capital IQ discussed ETFs.

European shares have opened lower for the third consecutive day after Japan led Asian indices lower overnight.

EUROPE

FIVE THINGS

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.