Soros to Germany: Achtung! Stop Euro Destroying Europe

The European Union could be destroyed by the "nightmare" euro crisis, and Germany needs to take the responsibility to save the common currency, billionaire fund manager George Soros said on Monday……………. Soros, who made his mark as an investor on a big bet against the British pound in 1992, said the other alternative is for Germany — the euro zone's biggest economy — to simply leave the 17-member currency bloc………… The crisis "is pushing the EU into a lasting depression, and it is entirely self-created," said Soros, chairman of Soros Fund Management. "There is a real danger of the euro destroying the European Union." He added: "The way to escape it is for Germany to accept ... greater commitment to helping not only its interests but the interests of the debtor countries, and playing the role of the benevolent hegemon."…………………………………………………………………………………………………………………………..Find out more at http://www.cnbc.com/id/49426230