Europe continues to show signs of a tentative recovery with marginally positive growth and other economic indicators stabilising. There are however persistent concerns over levels of public debt and, to a lesser extent, over the stability of the euro. The second issue for 2010 includes: current...

Sovereign debt issues dominated the agenda in the final quarter of 2010 as a second EU Member State, Ireland, required EU-IMF intervention in November to stave off default. Given similar concerns in other Member States, a focus on the health of the euro and on individual government deficits and...