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Need Greek default to shock European markets: Nick Parson

The pressure witnessed by the Indian market is correlated to the turmoil in European markets. Nick Parsons of National Australia Bank tells CNBC-TV18 there is a high possibility of a financial crisis looming in the near horizon.

September 30, 2011 / 18:07 IST
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The pressure witnessed by the Indian market is correlated to the turmoil in European markets. Nick Parsons of National Australia Bank tells CNBC-TV18 there is a high possibility of a financial crisis looming in the near horizon.

first published: Sep 30, 2011 05:15 pm

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