Wednesday, September 28, 2011

Greece Must Write Down Debt, AEI's Makin Says

Bloomberg
September 27, 2011

John Makin, an economist at the American Enterprise Institute, talks about the European sovereign-debt crisis and the risk of default by Greece. Greek Prime Minister George Papandreou won parliamentary backing for a property tax to meet deficit-reduction targets required to avoid default. Makin speaks with Mark Crumpton on Bloomberg Television's "Bottom Line."



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