The current refugee crisis hits close to home for billionaire hedge fund manager George Soros after he himself embarked on a journey as a refugee following the Hungarian born financial expert spending much of World War II in a Nazi concentration camp. Soros was forced to undertake a difficult journey taking him across Eastern Europe after many states had been overrun by Communist troops to arrive in London on project-syndicate.org to complete his education; Eventually, Soros arrived in New York and set out on the career in finance that would later lead to him establishing a personal fortune of more than $25 billion.
George Soros has now turned his attention to the problems in Syria that have led to the current refugee crisis sweeping across Europe. George Soros believes the initial steps to handle the refugee problem have been inadequate and should be stepped up with the European Union pledging to accept around one million refugees each year. The process could be sped up by the establishment of a continent wide border control agency, which would be responsible for making sure refugees were given access to established routes to cross the continent to their chosen destination.
Beginning in the 1980s George Soros began working with refugees and those trapped in closed societies to help bring these groups access to education and an understanding of democracy on biography.com; eventually Soros established the Open Society Foundations that now works around the world to promote democratic principles. Along with his charitable giving George Soros has also taken a keen interest in U.S. politics in his bid to back policies and candidates he feels will reflect his own liberal ideals.
In the plan George Soros has unveiled the response to the refugee crisis headed by German Chancellor Angela Merkel will have to begin by seeking to assist members of the Syrian population who wish to escape the bombing and civil war in their country. Soros now believes the EU should embark upon a period of spending to make sure all refugees have a fair chance at living a successful life outside their Wartorn countries; this includes providing funding for countries like Turkey, Jordan and others where around four million refugees are waiting to enter Europe.
The plan continues with details of how George Soros hopes European leaders will work to make sure the refugees entering Europe are dispersed fairly across the continent in a bid to avoid the panic seen in some countries in western Europe. Finally, the EU should seek to use its excellent credit rating to raise funds to support the lives of refugees at around $17,000 per year to reduce issues of European Union residents worried about the state of their own home nations.