Many now believe that 30% of the EFSF expansion is going to be backed by countries that themselves need money, and the 70% who are in good shape will risk losing their sovereign rating if they vote positively in favor of the EFSF expansion. Christopher Palmer, Henderson Global Investors joins CNBC-TV18 to give his perspective on the situation in Europe.
Below is the edited transcript. Also watch the accompanying videos for the full interview. Q: Do you think this is an event to watch out for or would you rather get more proactive and look forward to getting some innovative solutions now?A: It
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!
