Soros believes that the E.U. has to remedy the crisis in 3 months

Source: Marketwatch

George Soros, Soros Fund Management Chairman, considers that the E.U. has a period of 3 months to resolve the financial crisis until the market can no longer afford to provide it with time. However, at the same moment is it highly likely that the euro will survive as the key currency. Further, Soros believes that the borrowing costs should be eased for countries that received vast amounts of debt; yet, the issue remains in persuading Germany that these steps present benefits for it as well. Moreover, the rationale behind maintaining the euro is in fact in the interest of Germany; otherwise, the revival of the Deutschmark would most probably make its export companies less competitive.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.