Soros lashes out at ECB

US - George Soros, the billionaire financial expert, has lashed out at the monetary policy of the European Central Bank (ECB).

In an interview on UK tv Mr Soros said there was room to criticise the bank for being backward looking and old-fashioned.

The ECB controls interest rates for the 12 nations in the eurozone, and must balance the need to boost economic growth against inflationary pressures.

But Mr Soros said he though the bank had this balance wrong, when talking about the recovery of the

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