FILE PHOTO: Billionaire investor George Soros speaks to the audience at the Schumpeter Award in Vienna, Austria June 21, 2019. REUTERS/Lisi Niesner
LONDON (Reuters) - George Soros, the billionaire financier, has cautioned that the European Union's survival was threatened by the novel coronavirus unless it could issue perpetual bonds or "consols" to help weak members such as Italy.
"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."
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
