Portugal will be forced to take a bailout, and then Spain will become a target, as there's...

|By:, SA News Editor

Portugal will be forced to take a bailout, and then Spain will become a target, as there's "little to stop the contagion" in the eurozone, says Morgan Stanley economist Joachim Fels. It reaches a point where "governments will say ‘enough is enough, and we will rather borrow from the EFSF at a sensible rate.'"