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Page last updated at 09:27 GMT, Thursday, 27 January 2011

Soros: Euro crisis is 'being solved'


Billionaire currency trader George Soros says the crisis in the eurozone is on its way to being solved following the creation of a "common treasury" for the euro.

But speaking to Justin Webb at the World Economic Forum in Davos, he raised concerns that the euro was creating a "two speed" European economy, which "could lead to the political disintegration of Europe" unless it was dealt with.

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