· Europe told to prepare for years of reform
· ECB denies rejecting recapitalisation of Bankia
· France unlikely to hit next year’s deficit targets
· Greece on course to elect anti-bailout party
· UK SME’s offered £500m of credit easing
· Japan ready to restart idled nuclear reactors
· Investors panic as EC warns of “financial disintegration”
· Nikkei slides as exporters hit by strong yen
· Yen gains from Europe’s credit crisis
· Oil enters bear market on Europe debt crisis
· Gold poised for worst run for 13 years