Content Section
SOROS TO GERMANY

Leave the Euro

The drumbeat against austerity measures championed by Germany is growing louder. On Tuesday investor George Soros criticized Germany’s austerity policies in Europe, and suggested it leave the euro zone. He also strongly criticized the bailout it proposed in Cyprus because it forced Cypriots who had savings to share in the cost, which undermined the European model of banks relying on deposits.

April 10, 2013 8:54 AM