George Soros: The Future of Europe and Euro Crisis.


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George Soros, Chair of Soros Fund Management at the panel entitled “The Future of Europe” at the Institute for New Economic Thinking’s (INET: ineteconomics.org) Paradigm Lost Conference in Berlin. April 13, 2012, does a very good diagnosis (that many will copy, you will see) of the EU mess and the need to go back to normal.

 

One of his proposals is to create a holding capitalizing the seigniorage founds  of the ECB (2-3 trillion Euros) to support countries like Italy or Spain that are out of Maastricht criteria but doing the right (?) reforms; otherwise the Common Market, Schengen and the Union itself is at risk of not surviving.

 

One Comment to “George Soros: The Future of Europe and Euro Crisis.”

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