EU Could Still Fall: Soros
The hard-won vote of approval over the latest austerity measures, said Soros, is “not necessarily going to work in the long run. But it will certainly buy you another six months of quiet on the Greek front.”
PIMCO’s El-Erian: Europe at Risk Over Greek Debt
Mohamed El-Erian, head of PIMCO, says that a restructuring of Greek debt is inevitable and that failure to address the country's problems correctly could contaminate the rest of Europe.