Greek debt crisis are once again picking up stream. Political instability there has added on to investor worries dragging European markets to a three-month low. (Also read: EU postpones decision on rescue package for Greece)
Greece restructuring is likely to happen soon, Roger Yeoman, head of institutional equities, Europe at Avendus Capital said. And, this will be an orderly restructuring and thus won't adversely impact the euro, he told CNBC-TV18, adding, "The real concern is that the contagion may spread beyond Greece." The Indian market still looks very attractive to Yeoman. He likes financial, IT and consumption-oriented sectors here. Talking about worries of stagnant fund flows into India, he said, "They are pausing for clarity of events." Below is a verbatim transcript of Roger YeomanDiscover 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!
