Harvard University professor Kenneth Rogoff said that Greece and Portugal should be urged to leave the euro region for 10 to 15 years to help solve Europe’s debt crisis, according to Bloomberg.
Rogoff added that bondholders in indebted euro-area governments should be forced to take losses of 30%-40% in order to help Europe overcome the debt crisis, said the news agency.
Rogoff added that bondholders in indebted euro-area governments should be forced to take losses of 30%-40% in order to help Europe overcome the debt crisis, said the news agency.
