George Soros says EU may not survive coronavirus crisis | Reuters


The hedge-fund veteran and chairman of Soros Fund Management LLC said perpetual bonds, used by the British to finance wars against Napoleon, would allow the European Union – itself created out of the ashes of World War Two – to survive.

“If the EU is unable to consider it now, it may not be able to survive the challenges it currently confronts,” Soros said in a transcript of a question-and-answer session emailed to reporters. “This is not a theoretical possibility; it may be the tragic reality.”

Source: George Soros says EU may not survive coronavirus crisis – Reuters

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