Greece not a done deal yet, long term fix needed: Arnab Das

A: I think the situation has improved and the signals and the turned rhetoric are lot better between Greece and rest of the eurozone and Greece and the IMF. Concerting now the focus shifts to what is going on the ground in Athens and as you were saying the question is about Parliament. Will there be a rebellion big enough within Theresa, the governing party?

I think the main point is that the deal isn't done yet but there is a deal on the table which itself is a significant improvement suggested both sides have blinked a little bit at least. So, that resulted in relief rally yesterday and we are having a bit of reassessment today.

Reema: Hypothetically if the Greek deal is sealed, do we still have more upside in the global equity markets or at current levels given the relief rally over the last two days a Greek deal is completely priced in into the markets? A: I think it is substantial question, it is probably a bit more upside because there is still some completion risk in the deal because we are just discussing the challenges now inside Athens or inside Greece's political system. I think longer-term the issues are still to be resolved and lend Greece more time and in a way lend more time for the eurozone to resolve the design flaws in single currency. I think it remains a question whether either of those things will happen so in September this issue and the other issues within eurozone outside Greece in due course.

WATCH VIDEO FOR FULL INTERVIEW