The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.
George SorosFinancial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.
George SorosThe sovereignty of states must be subordinated to international law and international institutions.
George Soros