Politics over Greece dangerous for entire global markets: Rebecca Harding, Delta Economics

In an interview with ET Now, Rebecca Harding, CEO of Delta Economics, shares her views on Greece issue. Excerpts:

ET Now: Whether Greece will default or not on its debt payment is still uncertain. What is your take?

Rebecca Harding: The politics over Greece is very risky for not just European markets but for entire global markets. We see a very volatile situation in Greece at the moment. There is no mechanism on the Grexit at the moment. This is not documented. Problem at the moment is confusion on default but we feel default is looking increasingly likely.