Soros: ‘Germany should accept Eurobonds or leave the euro’

Series Title
Series Details 10.04.13
Publication Date 10/04/2013
Content Type

All eurozone governments need to issue bonds jointly to ensure that the common currency survives the sovereign debt crisis, investor George Soros said on the 9 April.

Soros, a liberal philanthropist who rose to fame as an investor on a big bet against the British pound in 1992, said the sovereign debt crisis was "a tragedy of historic proportions" that only Germany can resolve by allowing for joint bond issuance in the common currency area.

If it refuses, it should instead choose to leave the euro, he added.

Source Link Link to Main Source http://www.euractiv.com/euro-finance/soros-germany-accept-eurobonds-l-news-519008
Related Links
Spiegel Online International, 10.04.13: Investor George Soros: Germany Must Accept Eurobonds or Leave Euro http://www.spiegel.de/international/europe/george-soros-says-germany-must-accept-eurobonds-or-leave-euro-zone-a-893630.html

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