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Patrick Armstrong, managing partner at Armstrong Investment Managers, told CNBC, "Our base view is that Greece will stay in the euro zone for the next few years, the longer you extend the horizon the more likely it does exit but with that extension in horizon there are more ways to deal with the contagion."

Chris Williamson, chief economist at Markit, told CNBC, "This is the equivalent measure of what we have seen coming out of the euro zone and China, so we use exactly the same methodology across all countries that we are working in and we have a good track record as we have been doing this for twenty years."

Frank Appel, CEO of Deutsche Post, told CNBC, "The mood is more negative which makes me more positive because what I have learned in the last three years is what the majority says usually doesn't happen, so if we are bullish then I would be concerned but if we get more and more bearish then I think it will not get worse."

Andre Loesekrug-Pietri, chairman and managing partner at A Capital, told CNBC, "It is very much a contrast to what happens in the rest of the world, for example the US and investments of Chinese companies into the US halved last year and also to the other emerging countries."

Hans Redeker, global head of foreign exchange strategy, Morgan Stanley, told CNBC, "India's current account deficit is a major issue and you need to stabilize it, this single move is not doing the difference required to get confidence back into the currency, so more is required and we need as well the support from the monetary policy side."

Jim O'Neill, chairman of Goldman Sachs Asset Management, told CNBC "The markets are clearly putting a higher and higher probability on endgame for the euro area, otherwise why on earth would you do that?"

EU leaders meeting in Brussels today look set to debate the highly divisive issue of common euro zone bonds the EU has agreed to spend 230 million euros on a pilot program; some see this as a step towards common euro zone bonds being issued for sovereign debt.

Jim O'Neill, chairman of Goldman Sachs Asset Management, told CNBC, "Once one country exits the euro zone it breaks the notion of it being a true currency union and some king of hard currency peg, so that is a big moment and they will have to respond very clearly and critically to not only ring fence the others but make is clear that no one else is going to leave."

Wong Waiming, CFO of Lenovo Group, told CNBC, "We remain very confident that we will outgrow the market I think China still has a long way to go, with our strength in China in terms of distribution capability and products that are suitable for the market I think we will do very well."

Angela Ahrendts, CEO of Burberry, told CNBC, "Of course you have certain countries that are softer, Italy, Korea, but in those markets flagship cities have significantly outperformed, you have got high net worths in those markets, heavy influx of tourism, so London, Paris, Beijing, and Shanghai."

Dariusz Kowalczyk, chief investment strategist at Credit Agricole, told CNBC, "The cut in the World Bank forecast is probably not sufficient, we have called for an eight percent growth forecast this year but we are actually worried about our own eight percent figure because in the second quarter growth will probably slow to 7.5 percent."

Richard Bove, vice president of equity research financial sector at Rochdale Securities, told CNBC, "We have lowered the price target a little bit because the market is going to take the multiple down on the stocks simply because of a lack of a same degree of conviction about the company."