Monday, 27 June 2011

Euro Exit Plan is ‘Probably Inevitable’: Soros

http://www.bloomberg.com/news/2011-06-27/exit-plan-for-eu-probably-inevitable-soros.html

Billionaire investor George Soros said it’s “probably inevitable” that a mechanism will be put in place to allow weaker economies to exit the euro.

“We are on the verge of an economic collapse which starts, let’s say, in Greece, but it could easily spread. The financial system remains extremely vulnerable.”

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