15
April
Greece still at risk of debt spiral, says George Soros
15 April 2010 The Telegraph
Speaking in London at The Economist's City Lecture, the financier said the eurozone countries and International Monetary Fund should have offered Greece "concessional rates".
"It is a question of solvency," he explained. "If you start charging very high rates as the market does in anticipation of solvency then that pushes you into insolvency."
