Soros: ‘Germany should accept Eurobonds or leave the euro’

All eurozone governments need to issue bonds jointly to ensure that the common currency survives the sovereign debt crisis, investor George Soros said on the 9 April.

Soros, a liberal philanthropist who rose to fame as an investor on a big bet against the British pound in 1992, said the sovereign debt crisis was "a tragedy of historic proportions" that only Germany can resolve by allowing for joint bond issuance in the common currency area.

If it refuses, it should instead choose to leave the euro, he added.

• Primary Source

Spiegel Online International, 10.04.13: Investor George Soros: Germany Must Accept Eurobonds or Leave Euro http://www.spiegel.de/international/europe/george-soros-says-germany-must-accept-eurobonds-or-leave-euro-zone-a-893630.html

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