Soros: Compromise with Hungary, Poland ‘worst of all possible worlds’

US financier George Soros said in an opinion piece published on commentary portal Project Syndicate on Friday that a compromise prepared by German Chancellor Angela Merkel to prevent a veto by Hungary and Poland of the European Union’s 2021-27 budget and Covid-19 recovery fund is “the worst of all possible worlds”.

“The European Union is facing an existential threat, and yet the EU’s leadership is responding with a compromise that appears to reflect a belief that the threat can simply be wished away,” Soros said.

He said that Prime Minister Viktor Orbán’s “kleptocratic regime” and, to a lesser extent, the illiberal Law and Justice (PiS) government in Poland, are “brazenly challenging the values on which the European Union has been built”.

“Treating their challenge as a legitimate political stance deserving of recognition and a compromise solution will only add – massively – to the risks that the EU now faces,” Soros said.

“The primary victims of the deal that Merkel has reportedly struck with Orbán will be the people of Hungary…All I can do is to express the moral outrage that people who believed in the EU as the protector of European and universal values must feel,” Soros concluded.

Read the full article HERE!

Source: MTI/ Project Syndicate