Executive view - Impact of euro zone debt crisis

(Reuters) - 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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DAVE ANDERSON, CFO, HONEYWELL INTL

"Europe actually was very good for us ... But I'd say in general the contagion issue, while it creates caution in our forward planning, it hasn't shown up in our numbers."

ANDREW LIVERIS, CEO, DOW CHEMICAL

"I think it hasn't changed all that much ...The financial signals get complicated ...The European (debt) issued caused some opaqueness ... let's not talk ourselves into another recession. The macro will go through these fits and starts."

JUNG HO-YOUNG, CFO, LG DISPLAY

"Some European markets are showing signs of stabilising now, especially eastern European countries, but conditions in southern Europe such as Spain remain very weak. Spain appears to be most affected market and sales of consumer products such as TVs are very weak.

"We are not much concerned about whether the condition will get any worse from here but more worried about how long it will last, which is very difficult to predict."

KIM MIN-CHUL, CFO, HYNIX SEMICONDUCTOR INC

"People seem worried about weakening European consumption, and overall demand for home appliances has indeed been hit. However, demand for PCs, especially low-cost PCs, has been quite healthy."

JEFF IMMELT, CEO, GENERAL ELECTRIC

"While governments are adjusting, the companies and partners that we work with across Europe are all continuing to invest. A lot of them have export franchises. So there just seems to be a little bit of a disconnect between what has to happen broadly from a macro standpoint and where the individual companies are that we are working with ...We just don't see a big systemic issue coming out of Europe, given the world we see today."

JEFF JOERRES, CEO, MANPOWER INC

"The notion of the euro blowing up? No, the stuff isn't happening. Is (growth) going to be robust? Not necessarily, but Armageddon is not on the horizon here." Manpower, which gets most of its sales and earnings from European markets, reported much higher-than-expected profit on Wednesday and said it saw no sign of a slowdown.

SANDY CUTLER, CEO, EATON CORP

"A lot of investors are very concerned that perhaps Europe is going negative as a region, that the China recovery is falling apart, and we believe that is an over-reaction to short-term data."

N. CHANDRASEKARAN, CEO, TATA CONSULTANCY SERVICES

"All companies know that the weather is very cloudy, but they all have to prepare for the future ... We are seeing signs of recovery for our business but it's going to be slow growth.

"We are continuing to invest in Europe in terms of our market presence and in terms of client engagements."

JUNZO NAKAJIMA, HEAD OF IT OPERATIONS, HITACHI

"The Greek issue has caused the exchange rate to move and that is affecting our business. The Greek market is one of the markets we target, but the portion is not very big. Our operations are bigger in countries like Germany, England, and France, so a direct impact is rather small."

"Europe, as the United States does, has a strong underlying economic power, so I don't think the outlook would weaken that much."

S.D. SHIBULAL, CHIEF OPERATING OFFICER, INFOSYS

"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."