This business magnate with dual citizenship is not just your ordinary businessman. Born in 1930 in Hungary as Schwartz George, George Soros in addition to being one of the richest men in the world has a wealth of knowledge you will not easily find.
Some of George’s published opinions include, an article on New York Times, after European parliamentary election and Ukraine’s presidential election, Soros expressed the following concerns. The contrast between the two events is that voters in Europe showed the functioning of European Union whereas Ukraine citizens showed interest in being associated with the European Union. George Soros notes that leaders from Europe ought to consider the implications of this and how helping Ukraine will result in help for Europe in large.
Bearing in mind that the European Union was formed to foster closer relations with sovereign states who would pool their sovereignty for common good. The aim of this was to replace nationalism and excessive use of force as Soros continues to state in this publication.
However, the euro crisis has completely transformed the European Union entirely. Mr. Soros notes that the current European Union is just a relationship of debtors and creditors where conditions are imposed by lenders to impose their dominance.
Soros also notes that the low voter turnout in European parliamentary elections coupled with the support of Matteo Renzo, Italian prime minister, is a clear indication of the citizenry opposition of current conditions. At the same time, Soros, notes that Russia is a serious and emerging threat to the European Union. Russia is using ethnic, national ideology and support for Orthodox Church for the achievement of its geopolitical ambitions. This is also seen through its continued interest in forming an alliance with China.
A New Policy to Rescue Ukraine
However, George Soros notes that Putin’s self-ambitions with conflict with Russia’s long-term strategies. Russian is poised to benefit more if it maintains closer ties with the US and the European Union. Due to the use of violence in Maidan, Ukraine is now more determined to separate itself from the Russian empire. The success of this new front will not be favorable for Putin, and that is why he is bent on its failure. Soros notes that even though this plan may not yield results, Putin is expected to seek other means of destabilizing Ukraine.
All this has happened so fast and rapidly that US and European Union are still unaware pf the threat posed by Putin. To counteract this, Soros calls for creative thinking in shielding Ukraine. Some of the solutions he proposes includes offering political risk assurance to Ukraine’s business partners. This is by far the most crucial and effective measure as it would keep the economy growing despite the crisis and that the US, European Union, and private investors are committed to the betterment of Ukraine. The offer is appealing to prospective business partners and also builds harmony and confidence in the European Union.
As a closing statement, George Soros notes that the European Union has a chance of hitting two birds with the same stone in this case. The European Union by supporting Ukraine will also be saving itself. Such a move would mark the start of a growth policy that Europe needs at the moment.
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