May 26, 2011
The economist, who earned his nickname by predicting the global financial crisis, says an orderly debt restructuring could pre-empt more trouble.
He says on his website that the "dogmatic" opposition to restructuring by European Central Bank (ECB) is the wrong stance and that Greece's debt is "unsustainable".
Mr Roubini says bondholders could be given new bonds that don't reduce the face value of their holdings but give Greece more time to repay them.
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