Soros on Recent EU Developments: Absolutely Not Enough

Becket Adams
The Blaze
9/14/2012

Billionaire currency speculator, philanthropist, and liberal activist George Soros appeared on Bloomberg TV Thursday morning to discuss the financial crisis in Spain and what steps, he thinks, the European Union should take going forward.

“I think it’s impossible for Spain to ask for a full-fledged program,” he said, referring to the idea of bailing out the ailing euro country. “So it will be some kind of an extended … in-between phase, which would allow something like $100 billion to be advanced (up to $100B) and that would be sufficient.”

“So that will be, I think, the solution,” he added.

And on the subject of the eurozone as a whole, Soros doesn’t think the steps taken have been drastic enough especially in regards to the EU’s banking union.

The article continues, with video, at The Blaze.

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