"Presently no machinery exists for quitting the Euro zone, in present situation this may became an absolute necessity. We are at the edge of an economic collapse, which we can say may start from the Greece. It can s be speeded very quickly. The financial system still is very sensitive, " - Soros said.

He underlined that the financial crisis is manly concentrated around the Euro. This financial crisis is in the newly establishing phase. It is easy to predict and this is clear for majority. Now they are willing to gain a time, but the time plays role against them, " - Soros said.


He underlined that the saving of an Euro zone is in everyone's interests, that is why the common taxation system is necessary as well the banking system with the guaranties of European institutions is necessary and not contrary the national banking system.
The governments wish to keep the situation and are not recognizing the common fundamental principles.

For information, for this time Greece got into in the financial difficulties. Earlier the Euro zone countries came to aid to Ireland and Portugal.