George Soros says EU may not survive coronavirus crisis

The Economic Times | May 23, 2020 at 9:59 AM
  • Billionaire financier George Soros said the European Union could break apart in the wake of the new coronavirus pandemic unless the block issued perpetual bonds to help weak members such as Italy.
  • 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.