Soros Says the Euro is a Flawed Construct

Soros Says the Euro is a Flawed Construct

Soros said the euro was an incomplete currency from the start as the European Union's Maastricht Treaty established a monetary union without a political union.

"The euro is a patently flawed construct," Soros, who earned $1 billion in 1992 by betting against the British pound, said in the text of a speech for delivery at Berlin's Humboldt University.