Open Society will close most of its activities in Europe
George Sorors' Open Society Foundations, which is now controlled by his son Alexander, will cease most of its activities in the European Union.
The move, which comes after foundation-funded NGOs have been ferrying migrants to Europe for more than a decade (mission accomplished?), comes after the $25 billion family foundation announced a headcount reduction of at least 40 % after the accession of Alexander.
Citing a “radical change in strategic direction,” OSF says their new operating model will require “further significant restructuring” and “the closure of all regional and global programmes,” according to a letter sent to beneficiaries in Hungary that was seen by Bloomberg.
“Ultimately, the approved new strategic direction provides for the withdrawal and cessation of much of our current work within the European Union, shifting our focus and resource allocation to other parts of the world,” reads the message, which cites another memo sent to staff at OSF headquarters in Berlin. All people who, from August 15th, will have to look for a new job.
“OSF will largely stop funding within the European Union and further funding will be extremely limited ,” it reads, without elaborating, other than to say that the organization is pivoting because “EU institutions and governments were already allocating significant resources to human rights, freedom and pluralism” within the bloc.
Bloomberg designs OSF with idyllic tones. After all, he still has some good funds:
In the EU, OSF has funded a wide range of philanthropic programs in former Communist Eastern Bloc members, including Hungary, Poland, Slovakia, Romania, the Czech Republic, Bulgaria and elsewhere. They included initiatives aimed at strengthening democracy, promoting human rights and alleviating the poverty and discrimination faced by the Roma minority.
It also finances projects in non-EU European countries, such as in the Balkans and further afield in Central Asia.
The organization based its European headquarters in Budapest until 2018, when it moved to Berlin after a years-long campaign against Soros and the OSF's liberal values by Prime Minister Viktor Orban's nationalist government in Hungary. It also has offices in Barcelona, Brussels and Belgium . – Bloomberg
Over the past three decades, OSF has spent over $19 billion on various projects, including $209 million in 2021 for projects in Europe and the Central Asia region. Evidently Open Society's political “Surrender” in Europe was waning and no longer deserves Soros' inestimation. Or the migratory and political machines are so well established that they are now autonomous and do not require further investment.
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The article Open Society will close a large part of the activities in Europe comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/open-society-chiudera-buona-parte-delle-attivita-in-europa/ on Tue, 15 Aug 2023 19:31:49 +0000.