HomeNewsBusinessMarketsGreek govt break-up will be positive for global mkts: NAB

Greek govt break-up will be positive for global mkts: NAB

Greece continues to send shivers across global markets. But this time, it could well be positive, says Nick Parson of Australian National Bank. Speaking to CNBC-TV18, he says that an ouster of Greek Prime Minister George Papandreou will mean no referendum in the nation and that will be a positive for global markets.

November 03, 2011 / 18:07 IST
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Greece continues to send shivers across global markets. But this time, it could well be positive, says Nick Parson of Australian National Bank. Speaking to CNBC-TV18, he says that an ouster of Greek Prime Minister George Papandreou will mean no referendum in the nation.


The cabinet today split on views regarding the controversial plan by the PM to hold a referendum on a EU debt rescue package. He is said to have told an emergency cabinet meeting that a referendum, possibly in December, would highlight
first published: Nov 3, 2011 04:23 pm

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