According to sources, MEP is eyeing raising Rs 1000 crore from InvITs to cut on debt and use the revenue to bid for toll-operate-transfer (TOT) and operate-maintain-transfer (OMT) projects.
Jan Dehn of Ashmore Investment Management thinks that the US stock markets are due for correction. He told CNBC-TV18 that now Europe has Outright Monetary Transactions (OMT) program or bond- buying program
Italy's election produced the hung parliament investors said was the worst possible outcome, recession is deepening, debt is rising and its credit rating has just been downgraded.
Spain was widely expected to be the first peripheral eurozone country to take advantage of the European Central Bank(ECB)`s much-anticipated new bond-buying program.
Stephane Deo of UBS Investment Bank said a number of political risks looming on Europe is leading to a lot of concern. Moreover, the pending solution on Greece and France's downgrade has added to the market woes.
During the summer there were a number of developments justifying optimism about the euro's survival chances. Since late September, however, the euro area's political leaders have done all they can to dash these hopes.