Billionaire investor George Soros said it’s “probably inevitable” that a mechanism will be put in place to allow weaker economies to exit the euro. “There’s no arrangement for any ...

BERLIN (Reuters) - Europe's resolution mechanism for failing banks should be open to non-euro members of the European Union (EU), Germany's Finance Ministry told Reuters in a statement on Thursday.

the euro group of finance ministers from the 16 euro-zone member states approved the outlines of a long-term European Stability Mechanism (ESM) to come into force in mid-2013. It is intended to ...

Billionaire investor George Soros said it’s “probably inevitable” that a mechanism will have to be put in place to allow weaker euro-region economies to exit the single currency. “We are on the verge ...