El-Erian Says There’s Still Time to Solve European Debt Crisis
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Pacific Investment Management Co. Chief Executive Officer Mohamed El-Erian said it’s not too late to solve the European debt crisis and that action is needed quickly.
“Europe can no longer kick the can down the road,” El-Erian, whose company manages the world’s biggest bond fund, said in an interview on CNN’s “Fareed Zakaria GPS,” scheduled for broadcast today.