Germany Lead or Leave Euro _ Soros
Published / Last Updated on 09/09/2012
Germany Lead or Leave Euro – Soros.
George Soros, international financier is calling for Germany to lead or leave the Euro. This call comes days before a vital ruling on the Eurozone’s bailout fund. According to Mr Soros, Germany should become a more "benevolent" leading country or exit the single currency.
Mr Soros believes that the European Central Bank's (ECB) plan to ease the pressure on indebted nations such as Italy and Spain and may deepen divisions within the Eurozone. He also claims that the ECB's bond-buying programme could save the Euro, but it is also a step towards the permanent division of Europe into debtors and creditors.