CNBC - 24 Ιανουαρίου 2012

Miranda Xafa, president of EF Consulting and a former board member for Greece at the IMF, told CNBC, "the banks have made the best offer they could on a voluntary basis and now one possible way forward would be for a forced haircut by including collective action clauses in the existing Greek bonds and activating them which would mean triggering the CDS and causing a credit event to happen."