CLEAN:BNP Paribas chief dismisses fears of contagion of Greek debt

The transcript discusses the invalidity of comparing Greece's economic situation with that of Portugal and Spain, emphasizing the unique challenges faced by Greece. It highlights that exposure to the Spanish economy is not a concern and outlines BNP Paribas's cautious acquisition strategy due to pending regulatory changes. The potential negative impact of overreacting to new capital and liquidity requirements on the eurozone economy is also addressed.

Why does the speaker believe comparing Greece with Portugal and Spain is not valid?

• Because Portugal and Spain are not in the eurozone.

• Due to similar economic challenges faced by all three countries.

• Due to the unique economic situation of Greece.

• Because Greece has a stronger economy.

What is the speaker's stance on the Spanish economy?

• It is a major concern due to its size.

• It requires immediate large acquisitions.

• It is similar to the Greek economy.

• There is no concern about exposure to it.

What is the speaker's plan regarding acquisitions this year?

• To wait for clarity on the new regulatory package.

• To make several large acquisitions.

• To focus on acquiring Greek assets.

• To increase investments in Portugal.

How might overreacting to new regulatory requirements affect the eurozone economy?

• It could negatively impact the economy.

• It would have no impact.

• It could boost economic growth.

• It would only affect non-eurozone countries.

What is the current growth potential of the eurozone according to the speaker?

• It is irrelevant to regulatory changes.

• It is similar to the growth potential of the US.

• It is not bright and should not be negatively impacted.

• It is very bright and promising.