Monday, July 25, 2011

Portugal, Ireland Candidates for Debt Restructure

July 25, 2011

Otto Waser, chief investment officer of R&A Research & Asset Management AG, discusses the European sovereign debt crisis after today's downgrade by Moody's Investors Service of Greece's credit rating to Ca from Caa1. Waser, speaking from Zurich with Linzie Janis on Bloomberg Television's "Countdown," also talks about the U.S. economy, the debt-ceiling debate and the outlook for the euro and dollar.


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