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From 2024, the Soros Foundation will curtail its programs in the countries of the European Union

From 2024, the Soros Foundation will curtail its programs in the countries of the European Union

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The funds of George Soros, united in the “Open Society” program, will minimize the financing of their programs in the countries of the European Union from 2024. Instead, they will expand their activities in less prosperous European countries that are not part of the EU, as well as in other parts of the world.

International media cite the internal correspondence of the “Open Society”, which states that the European Union has achieved significant success in supporting democracy and no longer needs help in this area. Ukraine, Moldova and some Balkan states, as well as Kazakhstan and Kyrgyzstan, are among the countries in which the Open Society intends to develop more projects.

The intentions of “Open Society” to leave the European Union were not approved by human rights organizations. The representative of Transparency International in the EU, Mykhil van Hulten, said that the abrupt closure of Soros’ programs in Europe at a time when “populism is growing and the rule of law is under threat” could nullify many of the already achieved successes. Professor of the Paris business school HEC Alberto Alemanno expressed his fear that after the departure of the “Open Society” programs, the resulting lacuna will be filled by donor organizations of a conservative and religious persuasion.

  • The network of funds “Open Society” was created by the American billionaire George Soros in 1993. Its tasks are the development of democracy, protection of human rights, minorities and refugees, support of independent mass media, cultural and educational initiatives. It is one of the largest philanthropic organizations in the world, its assets amount to about 25 billion dollars. Funds work in 120 countries of the world and spend about one and a half billion dollars annually on their projects.
  • In June 2023, 93-year-old George Soros handed over control of his business empire to his son Alexander. Alexander Soros headed “Open Society” six months before that.
  • In Russia, “Open Society” was recognized as an “undesirable organization” in 2015.

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