Tag: George Soros

• Thursday, April 12th 2012 - 17:11 UTC

  Soros tells Germany preparing for “end of the Euro” only worsens the situation

  

  Billionaire investor George Soros said financial markets are concerned other countries will follow Germany’s Bundesbank in girding against the end of the Euro.

• Thursday, January 26th 2012 - 19:12 UTC

  Soros says German-driven austerity plans could splinter the European Union

  

  Billionaire investor George Soros said that German-driven austerity plans in Europe risk creating tensions that could splinter the region as it struggles with a debt crisis entering its third year.

• Saturday, October 1st 2011 - 05:30 UTC

  Banks and bonds of Italy and Spain need to be protected, warns Soros

  

  Policymakers have lost control of the economic crisis and financial markets are forcing the world into a depression, George Soros said on Friday, urging Europe to create a common Treasury, recapitalize its banks and protect vulnerable states.

• Thursday, September 8th 2011 - 02:48 UTC

  Soros predicts Euro crisis could be worse than Lehman Brothers

  

  Billionaire George Soros believes that the current crisis of the Euro zone has the ‘potential to be a lot worse than the Lehman Brothers’ in the US due to the lack of consensus in the European Union to create an authority with enough power to handle this problem.

• Monday, August 15th 2011 - 23:43 UTC

  Soros backs creation of Euro bonds to solve Euro debt crisis; Germany rejects idea

  

  George Soros has backed “Eurobonds” - joint debts of the 17 Euro zone members - to solve the Euro zone debt crisis. Speaking to the BBC, the billionaire investor said if European leaders fail to keep the Euro together, there would be a “really serious global calamity”.

• Monday, June 27th 2011 - 15:00 UTC

  Soros: EU on verge of economic collapse; some countries will have to exit the Euro

  

  US/UK Hungarian born billionaire investor George Soros says a country will eventually exit the Euro zone and urged policymakers on Sunday to come up with a “plan B” that could rescue the European Union from looming economic collapse.

• Friday, March 4th 2011 - 06:09 UTC

  “Revulsion against corruption” partly sparked Libyan revolution, says Soros

  

  Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor said George Soros interviewed by the BBC. Revolts in Libya were partly the result of “revulsion against a corruption” fed by the misuse of oil money, he added.

• Friday, January 28th 2011 - 02:14 UTC

  Europe Could Fall Apart Sustaining Euro Warns Soros

  

  Billionaire financier George Soros warned on Wednesday that Europe could potentially fall apart because of the “two-speed Europe” of haves and have-nots that is being perpetuated by the reform of the embattled euro.

• Wednesday, September 8th 2010 - 03:26 UTC

  Soros donates 100 million USD to expand Human Rights Watch in key regional capitals

  

  Hungarian born US billionaire financier and philanthropist George Soros is donating 100 million US dollars to the group Human Rights Watch. In a statement Tuesday, Human Rights Watch said Soros is giving the grant through his Open Society Foundations, which he established to promote tolerance and democracy around the world.

• Thursday, June 24th 2010 - 02:27 UTC

  Soros warns that Germany’s policies threaten the Euro and European Union

  

  Germany's budget savings policy risks destroying the European project and a collapse of the Euro cannot be ruled out, billionaire investor George Soros said in a newspaper interview.