Bloomberg
January 16, 2012
Miranda Xafa, president of EF Consulting and a former board member for Greece at the International Monetary Fund, and Juergen Michels, chief European economist at Citigroup Inc., discuss Standard & Poor's downgrade of nine euro-area nations, negotiations over private-sector involvement, or PSI, in the Greek bailout, and the role of the European Central Bank. They speak to Maryam Nemazee on Bloomberg Television's "The Pulse."
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