The past year has probably been the most important in sovereign debt history. Lee Buccheit, partner at Clearly Gottlieb and advisor to most countries in financial distress, tells the FT's Robin Wigglesworth why Europe should have acted faster.

Related Article:
http://www.ft.com/cms/s/0/1c2ce2fc-bd59-11e2-a735-00144feab7de.html

For more video content from the Financial Times, visit http://www.FT.com/video