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"We anticipate that the crisis will deteriorate further than the stressed levels of late November
We do not believe that Greek PSI will take place in a “voluntary” fashion but instead expect coercive restructuring of Greek debt either before or soon after the March redemption, triggering CDS contracts.- Zeohedge
Further more - "I also don't know if Portugal will stay in the euro. And if it leaves, it will be to the escudo, Read on from source LINK
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