EXECUTIVE VIEW-Impact of euro zone debt crisis

July 13 (BestGrowthStock) – The euro zone’s debt woes have raised
worries about the outlook for the world economy, which has
already been dealt a severe blow by the global financial crisis.

Following are some reactions from executives at leading
global firms on the euro debt crisis:

For the latest stories on the euro zone crisis:
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S.D. SHIBULAL, CHIEF OPERATING OFFICER, INFOSYS (INFY.BO: )

“We are not seeing project cancellation or pricing (cuts) or
anything. What we are seeing is velocity of decision making has
picked up in the U.S.; in Europe it has not.” “We believe this
is a temporary thing … Aspirationally, Europe is very
important for us. We expect that Europe will be eventually about
one-third of business in the long run. At the same time, we
expect some challenges in the medium term.”
(Reporting by Bharghavi Nagaraju)

IAN GODDEN, CHAIRMAN, BRITISH AEROSPACE TRADE GROUP ADS

“This current UK success and the strength to ride out the
worst of the recession are based on long-term, sustained
investment in the past, especially in R&D and workforce
development. A decline in such investment over the past two
years in our surveys is a cause for concern, especially in the
context of further cuts anticipated in defence … the industry
will have to reverse this now the economy is showing signs of
picking up.”

(Reporting by Kylie MacLellan)

EXECUTIVE VIEW-Impact of euro zone debt crisis