Billionaire investor George Soros spoke to Bloomberg TV’s Francine Lacqua, calling on Europe to start a fund to buy Italian and Spanish bonds.
Soros said, “There is a disagreement on the fiscal side…unless that is resolved in the next three days, then I am afraid the summit could turn out to be a fiasco. That could actually be fatal.”
Soros also said that, “Merkel has emerged as a strong leader,” but “unfortunately, she has been leading Europe in the wrong direction.”
