Liberal political commentator, philanthropist and hedge fund manager, Open Society founder George Soros has, for some time now, been very critical of the European Union’s refugee asylum plan. He has publicly stated on nybooks, many times now, that the European Union desperately needs to consolidate their various plans and centralize them into one, unified asylum initiative. To further this goal Mr. George Soros has publicly released a comprehensive plan via the financial and political website, Market Watch, directly aimed at the EU.
The first point he makes is that the EU must first and foremost take in at least one million foreign refugees and continue to do so every year, on a annual basis. Understanding that this can not be done without a sharing of the load, the budget for such asylum grants is going to be shared between member states. Secondly, there must be proper funding for the housing areas, healthcare and education costs associated with such a large influx of new asylum seekers. The EU, Mr. George Soros believes, should cover these costs via the use of long term bonds which they could issue with the utilization of their AAA borrowing abilities.
Thirdly, the EU must begin a series and much larger scale financing campaign to the states that the majority of refugees are emerging from. States such as Lebanon, Jordan and Turkey. Mr. Soros believes that in doing so the EU will gain a great deal of goodwill from their neighbors as well as the financed countries in addition to generating jobs to help refugees. The EU should also be, according to Mr. George Soros, financially assisting other “front line” countries so that they will be able to properly train, employ and integrate their migrants by creating a roughly 8 to 10 billion dollar finance plan and by partnering with it’s member states and allies, such as the United States of America, to complete this goal.
Fourthly, the EU should consolidate and centralize all of the disparate asylum and migration agencies currently in effect, of which there are now 28. To streamline all of these different agencies into one, overseeing central agency would greatly reduce the cost and efficiency of the current module which has proved scatter shot, slow and extremely expensive.