Europe Quotes by George Soros

13 Europe quotes by George Soros

Soros’ thirteen comments on Europe provide a concise window into his philanthropic and political viewpoints, touching on democracy, finance, and societal change. This brief set serves as a useful starting point.

Rate this collection: ★ ★ ★ ★ ★ No ratings yet

I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction.

George Soros

Image

The bureaucratic method of building an integrated Europe has exhausted its potential.

George Soros

Image

What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits.

George Soros

Image

The integration of Europe was very much led by a Germany that was always willing to pay a little bit extra to…

George Soros

Image

Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than…

George Soros

Image

The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is…

George Soros

Image

The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling…

George Soros

Image

There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's…

George Soros

Image

The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany…

George Soros

Image

The eurozone status quo is neither tolerable nor stable. Mainstream economists would call it an inferior equilibrium; I call it a nightmare…

George Soros

Image

There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the…

George Soros

Image

Germany will always do the minimum to preserve the euro. Doing the minimum, though, will perpetuate the situation where the debtor countries…

George Soros

Image

In 2012, the far-right Golden Dawn won 21 seats in Greece's parliamentary election, the right-wing Jobbik gained ground in my native Hungary,…

George Soros

Image

Other authors on Europe

More by George Soros

Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the…

George Soros

Image

At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But…

George Soros

Image

Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't…

George Soros

Image

We must not forget; but we must forgive. Suffering often such compassion from the Jewish community. It was Jewish groups in the US who…

George Soros

Image

I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or…

George Soros

Image

We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting…

George Soros

Image

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

George Soros

Image

What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits.

George Soros

Image

If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I…

George Soros

Image

Find the trend whose premise is false, and bet against it.

George Soros

Image

We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we…

George Soros

Image

“On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy. On a personal level,…

George Soros

Image

The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and…

George Soros

Image

By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…

George Soros

Image

Every bubble has two components: something - some real trend, and a misconception about that trend.

George Soros

Image