No PSI for Portugal

Greece is worrying markets again ahead of Thursday's deadline for private sector bond-holders to sign up to the writedown they will suffer in the €206bn Greek debt restructuring (PSI). Another worry is waiting in the wings: Portugal. Michael Gallagher, director of research at IDEAGlobal, suggests a second bail-out will be required for Portugal - but probably not a writedown for private investors.

Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.