George Soros: Don't Let Faulty Euro Destroy Financial System
October 12 — Billionaire investor George Soros and 95 prominent politicians, business leaders and academics urged euro zone leaders to take swift action to resolve the crisis plaguing the region, calling for the creation of a euro zone treasury and stressing that the euro can only be saved if all 17 countries that share the currency act in unison.
In an open letter published in the Financial Times on Wednesday, the "concerned Europeans" conceded the euro was "far from perfect", but added euro zone leaders needed to "fix its faults rather than allowing it to undermine and perhaps destroy the global financial system". Read more.
