FRANKFURT (Reuters) - George Soros wants to invest in Europe's fiscal sector, according to a German linguistic communication magazine's interview amongst the billionaire investor on Sunday.
"I believe inwards the euro," weekly Der Spiegel quoted him equally saying.
"Therefore my investment squad is looking frontwards to brand a lot of coin shortly in Europe by, for example, pumping coin inwards banks which urgently quest capital," he added, noting the euro zone needs this sort of mortal investment correct now.
Soros, who founded Soros Fund Management, is i of the hedge fund industry's nearly closely watched investors.
Soros told Der Spiegel his management squad was besides considering investing in Greece.
"The economical weather condition inwards the solid pose down convey improved. The interrogation forthwith is whether i tin post away earn coin at that spot on a sustainable basis. If that is possible nosotros volition invest," he said.
Soros renewed his criticism against Germany's policies to salve the euro, maxim the austerity measures Chancellor Angela Merkel had forced upon Europe had aggravated the crisis.
Euro zone fiscal markets convey calmed downward inwards the meantime, but a sustainable recovery nonetheless does non exist, he said.
"I fearfulness that the euro zone could sense a long stage of economical stagnation like to Japan's inwards the past times 25 years," he said.
(Reporting past times Marilyn Gerlach; Editing past times Louise Heavens)