Soros keen to invest in Europe
Billionaire investor George Soros wants to invest in Europe’s financial sector, according to a German magazine interview yesterday. “I believe in the euro,” weekly Der Spiegel quoted him as saying. “Therefore my investment team is looking forward to make a lot of money soon in Europe by, for example, pumping money in banks which urgently need capital,” he added, noting the Eurozone needs this kind of private investment right now. Soros told Der Spiegel his management team was also considering investing in Greece. Soros renewed his criticism against Germany’s policies to save the euro, saying Angela Merkel’s austerity measures had aggravated the crisis in Europe.