George Soros is a Hungarian-American multi-billionaire and the chairman of Soros Fund Management. George Soros Ukraine has written or co-written 14 books demonstrating his expertise on business and investing, as well as economics, politics, philanthropy and globalization. He is an outspoken critic of authoritarianism and a champion for open societies throughout the world. Recently, Soros has written pieces for several prominent publications explaining why it is important for Europe to financially back Ukraine during its early days as a participatory democracy, particularly as a way to help defend it against ongoing Russian aggression. Currently, Europe, in conjunction with the United States, has used crippling sanctions in order to keep Russia in line, but Soros advocates for an alternative that eases sanctions in Russia and provides Ukraine with much-needed financial assistance.
Europe’s Ukrainian Lifeline
Soros argues that the ouster of former Ukrainian president Viktor F. Yanukovych in 2014 should change the way Europe views Ukraine. Ukraine is in a vulnerable position, both within and without. Though there is a strong reform-minded spirit developing in the country, still many of the corrupt bureaucrats from the former regime continue to hold positions of influence in the judiciary and civil service. The fledgling democracy needs support so as not to reverse course and allow the crooked to retake the country. Also, Russia, to the east, wants nothing more than to have a destabilized Ukraine: a Ukraine in turmoil gives Russia incentive to step in and wield power. Before the change in situation in Ukraine, the EU had outlined a way for it to receive assistance which Soros now sees, given the circumstances, as unrealistically difficult, and which needs to be amended.
George Soros Ukraine has outlined his opinion in several articles over the past few years, including for “The New York Times” and “The New York Review of Books,” among others. Soros blames the slow-moving nature of democratic European institutions as the reason for why Ukraine has to date received little financial aid. The lack of movement from Europe has allowed Russia to continue to exert undue influence, and Soros argues that the Russian problem can be mitigated if Europe will step forward with assistance. Soros believes that this is a watershed moment for Ukraine, and one where Europe has the opportunity to help stabilize the region while keeping Russia at bay.
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