Billionaire philanthropist founder of Open Society Foundation and business person has been very active in helping Ukraine through its reformation process. George Soros, who has been supporting democratic reformations all over the world, says that this time he decide to concentrate his efforts on Ukraine. He goes on to say that he was inspired by the reformists in this country who since 2014 have been trying to bring positive changes. George Soros says that Ukraine was previously under the bad leadership of politicians who used power to enrich themselves. He congratulates the new reformist leaders in the country for trying to mend the countries systems and get rid of corruption. He said that he has started the Ukrainian Foundation under the Open Society wings to help the country in its reformation agenda. George Soros stated that he plans to use this new foundation to source funds that will help the country through reformation.
George Soros went ahead to ask the European Union on marketwatch.com to show its support for this country. He says that his recent experience in Ukraine has made him realize how the new leaders in the country are desperate to institute reforms. He added that the support of the European Union would help the country stabilize. George Soros asked the European Union lead by Chancellor Angela Merkel to intervene and stop the Russian aggression on Ukraine. He says that the European Union should unite in support of Ukraine and provide a bad blood breaking solution for the peace of the two countries. The leading Open Society activist says it’s high time for the European Union to start supporting initiatives that will make it stronger in the face of the numerous crises it is in. He says that by resolving the Ukrainian crisis and bringing peace between Russia and Ukraine, the union will be able to prevent further division of the union. This will also give it an opportunity to concentrate on the other remaining problems it is facing.
George Soros says that the European Union should gear up itself and resolve the Ukrainian crisis before the looming global crisis gets worse. He says that the European Union has to be extremely cautious on what steps it is taking in relation to the current economic crisis. He says that the union’s Euro is already in a bad state globally. The Euro has been losing its value steady over the recent past and Britain one of its stronger economies has been trying to get out of the union. George Soros says that if Britain moves out of the union, then the Euro will be significantly affected. But according to this reputable business person, the British exit won’t be a big issue if the remaining European Union members will have united. He says this will prevent the looming market crises that share the same characteristics with the 2008 crisis from graduating to a worse state and collapsing the union.