BBC News - UK: VIDEO: Greece must default, says Major

BBC News - UK The latest stories from the UK section of the BBC News web site.

VIDEO: Greece must default, says Major Oct 9th 2011, 13:37 Former Prime Minister Sir John Major has told the BBC that European banks need to recapitalise and "Greece needs to default" on its debts, to help bring an end to the eurozone debt crisis.

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