George Soros: EU may face the fate of USSR

George Soros: EU may face the fate of USSR
# 07 February 2013 16:17 (UTC +04:00)

According to him, wrong economic policy pursued by the USSR has become the reason of its collapse.

According to him, Euro may contribute to the breakup of the EU. Soros warned may further exacerbate the EU’s political and social problems.

He said that attempts of the European leadership to keep common European currency lead to the escalation of political and social issues of EU which will eventually threaten to destroy it. To the question what should be done to avoid EU collapse Soros answered “Germany must acknowledge that its policy in Eurozone is inefficient.”

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