James Chirnside, Asia Pacific Asset Management citing his views to CNBC-TV18 on the debt crisis in Greece and his expectations from the decision of the parliament said, "Our sense is that they will agree to adopt the austerity measures, package. On the back of that the European Union or the ECB and the IMF will then propose the funding package for the rollover which is due at the end of July."
Also Read: Bailing out Greece: Will it help? Below is the verbatim transcript of his interview with Reema Tendulkar and Ekta Batra of CNBC-TV18. Also watch the accompanying video. Q: How do you read the latest developments which are taking place across Greece, there will be a vote which will take in parliament with respect to the passing of the austerity measures. What does this mean and what is the way forward? A: The big problem in the financial markets at the moment is not just Greece; itDiscover 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!
