We present below the views of Mark Konyn, chief executive officer of RCM Views on Euro Zone & Greek Crisis verbatim which will help one to get a correct perspective related to crisis prevalent in the financial markets of the world.
Hoe we see all global financial crisis with a macro view and in shorter term try to plug the loopholes which have led to such crisis.Certainly initially it removes some of the doubt over the ability of the Euro zone to put this package together and move to the next stages and start implementation. However, I think pretty quickly the issue around the debt difficulties in Greece and the rescue package moves on from that to the rest of the Euro zone, to the banking system and of course to growth underlying in the Euro zone area. So, I think Greece will quickly become only a very small part of what the markets are looking at.
