Verhofstadt Says Euro Bonds Needed to Stabilize Region
Oct. 27, 2011
Oct. 27 (Bloomberg) -- Guy Verhofstadt, member of the European Parliament and former prime minister of Belgium, discusses efforts to solve the debt crisis.
European leaders persuaded bondholders to take 50 percent losses on Greek debt and boosted the firepower of the rescue fund to 1 trillion euros ($1.4 trillion). Verhofstadt speaks from Strasbourg with Owen Thomas on Bloomberg Television's "Countdown."