Greece May Be Facing `Very Messy' Default

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Jan. 16 (Bloomberg) -- Veronique de Rugy, a senior research fellow at George Mason University's Mercatus Center in Arlington, talks about European credit ratings and the outlook for the region's debt crisis. The euro weakened for a second day, reaching an 11-year low versus the yen, after Standard & Poor’s stripped France of its top credit rating and cut eight other euro-zone nations. De Rugy speaks with Susan Li on Bloomberg Television's "First Up."(Source: Bloomberg)

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