In an interview with CNBC-TV18, Nick Parsons of National Australia Bank talks about the debt situation plaguing the Eurozone, Greece in particular. He also discusses how the 440 billion euro European Financial Stability Facility (EFSF) hurdle needs to be discussed by EU politicians in order to recapitalize European banks.
Below is a verbatim transcript. For complete details watch the accompanying video. Q: Yesterday, the global markets were spooked because of concerns about DexiaDiscover 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!