Arjuna Mahendran, managing director and head of investment strategy Asia at HSBC Private Bank believes that the EU summit rightly focused on growth issues, but financial hurdles that the area faces will continue for a while.
How the European financial stability facility will pump in money into countries still remains unsolved and there is no deal in sight with regards to Greece and private bondholders, therefore Mahendran is a little wary of the situation.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
