Soros Says Euro in Danger If EU Fails to Act, Standard Reports
(Bloomberg) -- Billionaire investor George Soros said the euro may not survive
unless the European Union pushes for a global plan to deal with toxic debt,
Austria’s Der Standard newspaper reported, citing an interview..
There’s a need for a global “agreement on how to share the burden of lost
capital, and every country should be involved otherwise even more countries
will suffer,” Soros was quoted as saying. “If the EU doesn’t do it, the euro
may not survive the crisis,” he said, according to the newspaper.
