CNBC-TV18 catches up with two experts for a discussion on where the markets are headed post the successful Greek debt swap deal.
Reports say that the nation is closer to the largest sovereign debt restructuring in history and the bailout may actually see Greece move ahead from concerns over a default. Check out what Adrian Mowat, chief Asian and emerging equity strategist at JPMorgan told CNBC-TV18 on it.
Christopher Palmer of Henderson Global spoke to CNBC-TV18 about the scene at global markets and how they impact India.
After yesterday's volatile session due to the Congress' poor performance in state assembly elections, we wake up to negative cues from across the globe. Read on for more...
Gustavo Bagattini, European Economist, FIC Strategy & Research, RBC Capital Markets says there are still hurdles over austerity measures in Greece which need to be overcome before the big EU meet.
Richard Gibbs, global head, Macquarie Securities tells CNBC-TV18 that with the ECB prepared to actually participate in the Greek private debt holders swap, it would eliminate another 11 billion euro of that debt.
Trevor Williams, chief economist at Lloyds TSB tells CNBC-TV18 that some patchwork solution maybe put into place on Greece's debt but it will take a lot more than a debt swap deal to get Greece on its feet again.
A Greek debt swap or rollover would probably be considered a default and prompt a cut in its sovereign rating to C, while Ireland and Portugal's ratings would immediately be subject to review, Fitch said on Thursday.