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Europe Is Far From a Solution: Harvard's Rogoff

4:45 AM ET Wed, 25 Jan 2012

Kenneth Rogoff, professor of Economics at Harvard University, told CNBC, "they are so far from having a solution in Europe, they need a new constitution, they need deep re-structuring, this is not just about Greece this is way deeper than that, it sort of has a certain calm because they are printing money, but that doesn't work."