George soros essay

GEORGE SOROS: No. This is the crisis of my lifetime. Even before the pandemic hit, I realized that we were in a revolutionary moment where what would be impossible or even inconceivable in normal times had become not only possible but probably absolutely necessary.

Although the two countries are the budget’s biggest beneficiaries, their governments are adamantly opposed to the rule-of-law conditionality that the EU has adopted at the behest of the European Parliament. George Soros is one of the most iconic financiers of the century.

In an interview, published today, George Soros has set out how the European Union (EU) can maintain its AAA rating and finance its COVID-19 recovery package.

Through supporting ‘perpetual bonds’ – or ‘Consols’, as they are known in the UK and US – Mr Soros believes the EU can address the dual crises of COVID and climate change, which currently threaten the bloc.