The article by George Soros about the European Unions negotiations of deportees into Greece from Turkey is very informative, balanced, and published by the New York Review of Books. It addresses the need for philanthropy and humanitarian efforts, but in a smart way that doesn’t put Germany or the rest of Europe in greater harm. There are several fundamental problems of the current negotiation that was pointed out and also an emphasis on how those problems can be fixed. The flaws of the negotiation mentioned on http://www.biography.com/people/george-soros-20926527 are it wasn’t negotiated by Europe, it’s under-funded, not voluntary for countries involved, and is especially detrimental to Greece.
When a bigger organization on http://www.nybooks.com/daily/2016/04/09/europe-how-pay-for-refugees/ that exists of member states or countries exists, there must be equal representation and voice in crucial decisions that affect those respective nations. One country or leader of the EU creating policy that is widespread for Europe is problematic and George Soros was right in this assessment. Each location is different with specialized needs and regulation, a policy adopted by the EU should take this into consideration. Each nation should have a voice and vote to reach a consensus that isn’t only considerable of each country, but that benefits Europe, the region, and the world as a whole.
Any project or engagement that is under-funded is set-up for failure from the beginning and/or will cost more in the long run. Enacting and promoting policy that doesn’t have the financial details worked out can be disastrous. This observation by George Soros is accurate and respected, especially considering his financial expertise and success. A rigorous monetary system should be set in place to deal with the crisis or the outreach should match the means and capability of nations in the European Union.
The negotiations were also mentioned to be flawed by George Soros due to it not being voluntary by member states nor specialized to the respective locations. Some refugees are sent to undesired locations and ones that are settled in specific locations may be sent back. The inclusion of all member states based on specific localized data will minimize detrimental mishaps like this. The final issue with the negotiations mentioned in the article address how Greece will suffer from being a de facto and unable to make good on obligations with their means. A single nation should not take the blunt of the weight in an EU negotiated deal and this also promotes a domino effect that can spill to other countries.
These modifications should be more inclusive of all member states and specialized to those areas. Additionally, it was recommended that the European Commissions Multi-annual Financial Framework is re-opened to allow parameters to fund this crisis. Also, that the restructuring of the European Union borrowing system and providing grants to the most current affected countries like Greece, Turkey, Jordan, and others will be in the best interest of the EU.
George Soros is a very successful businessman , philanthropist, activist, investor, author, and humanitarian that is the chairman of Soros Fund Management and Open Society Foundations with a net worth of 25 billion dollars.
Read more about George at The New York Times.