Jordi Canals
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Are Europe's worries over?

3 April 2013 Last updated at 03:30 BST

Despite the upheavals in Cyprus, some experts say the very worst of the financial crisis is over in Europe.

They also say that from 2014, when the EU puts in place its new banking union and fiscal authority, the eurozone will once again become an attractive and stable ground for business.

Sharanjit Leyl asked Jordi Canals, Dean and Professor of Economics at IESE Business School, what this would mean for Asian nations.