The Eurozone economy failed to expand in the final quarter of last year, updated figures suggest.
The Nasdaq OMX exchange in Sweden has started trading in the db x-trackers Eurostoxx 50 index ETF.
A £20bn bailout plan to help debt-laden Greece has been agreed by all 16 eurozone countries.
The euro has risen against the dollar this morning after the Greek government unveiled 4.8bn euros worth of austerity measures.
Pan-European ETF assets under management (AUM) have hit an all time high, increasing 47.37% to €162.49bn over the year, according to Lipper.
The eurozone economy will only grow around 1% this year, according to the head of the single currency block.
European leaders have reached an agreement to bailout Greece, which is suffering from a huge debt crisis.
Investors are shorting the euro via exchange-traded products (ETP) as they become increasingly risk averse amid the Greek debt crisis, according to ETF Securities (ETFS).
The European Central Bank (ECB) kept its main interest rate on hold at a record low of 1% for the ninth month running today, in line with expectation.
Unemployment in the Eurozone hit 10% last month - the first time it has reached this level since the introduction of the single currency.