Wednesday 21 November 2012

To overcome the crisis in the EU, Germany should abandon the euro


To overcome the crisis in the euro zone, Germany must again return to the brand, or at least partially forgive debts of southern Europe. This solution offered by the American billionaire and philanthropist George Soros, during a discussion on ways out of the current crisis in the EU, which took place at the Presidential Palace in Warsaw (Poland). 


"Germany should leave the euro zone. If she does - Eurozone bloom. Then the euro's value will decrease, but at the same time decrease and the debt of countries" - said Soros.

At the same time, he said, immediately increase competition. 

"The German market will win the cheap goods from Italy and Spain. Then, of course, Germany will have a problem, but the euro zone - no longer exists," - said the billionaire.

Recall last week in Portugal and Spain held a general strike in the global day of protests against austerity measures.

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