Views are divided on whether Greece will exit the euro and the bloc will implode. Asia may be better placed than in 2008, but recovery would take longer.
Greece has to exit the bloc before structural reforms can take place, says lecturer Robert Pozen. He sees Spain as the big worry, but outlines his solution.
Last week's move by the ECB was encouraging, says Skandia Investment Group's head of asset allocation. The firm may seek a Singapore presence and retail licence.
Global equities investor Alan Chua argues that value investing may be a good way of protecting against the ongoing risk of contagion stemming from sovereign debt in Europe.
Having overseen positive returns on Munich Re's investments in 2008 and 2009, Thomas Kabisch gives his views on Europe, Asia, bonds and risk management.
Investors have turned far less bullish on China and Europe, amid a global drop in risk appetite, according to Bank of America Merrill Lynch's February fund-manager survey.
Hedging foreign-exchange exposure is currently cheap, says Christian Nolting of Deutsche Private Wealth Management, who gives his views on various currencies.