Communication for Sustainable Development

Showing posts with label Soros. Show all posts
Showing posts with label Soros. Show all posts

Soros: Euro Crisis Could Lead To EU Disintegration

DAVOS/SWITZERLAND, 27JAN10 - George Soros, Cha...Image via Wikipedia
LONDON (Dow Jones)--The euro zone's fiscal crisis could eventually lead to the disintegration of the European Union, billionaire investor and philanthropist George Soros said Thursday in an interview with BBC Radio from Davos, Switzerland.
Soros said that while "the euro crisis is on the way to being solved" through closer cooperation on fiscal policy and the establishment of a permanent emergency support fund, the political consequences of the crisis could be more long-lasting.

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