Lloyd Bank says EU expectations of Greece unrealistic

A few analysts say that that even if Greece is bailed-out right now, the country might not be capable of proving itself strong economically, even thereafter. Nevertheless, a bail-out is absolutely mandatory, they say.

Situations, however, bespeak otherwise, with only uncertainty growing in the region. The European Union has come to no consensus as yet with regard to release of funds to Greece. The general notion seems to be that the Eurozone might be under pressure and caught in a low-growth trap over the next few years, led on by the uncertainty being reflected upon the markets.
Trevor Williams, economist at Lloyds Bank joins CNBC-TV18 to discuss what is happening in the euro zone, specifically Greece. Below is the verbatim transcript. Also watch the accompanying video Q: What now emerges is that at least at this point in time there is no financial guarantee for Greece, the deal that was being brokered has not been finalized and it seems that the contagion impact is now looking like real and a serious one?
A: Unfortunately, yes. Obviously, uncertainty is something markets don