- George Soros' "worst expectations" in regards to the EU have been "fulfilled," he says, and the bloc faces 25 years of Japanese-style stagnation. While Japan - being one nation - has survived, the EU may not.
- Soros naturally blames the creditors (i.e., the Germans), and finds it alarming that the EU's banks - when they should be providing capital to boost growth - are instead hunkered down to try and pass the ECB stress test.
- His comments come amid the launch of his latest book, "The Tragedy of the European Union."
- ETFs: VGK, FEZ, DFE, IEV, EPV, EZU, HEDJ, GXF, GUR, FEU, FDD, FEP, ESR, UPV, ADRU, FEEU, EURL, EURZ, DBEU, FIEU
From other sites
at CNBC.com (Jan 5, 2015)
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at CNBC.com (Aug 8, 2014)
at CNBC.com (Sep 20, 2013)
at CNBC.com (Aug 13, 2013)
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