EU Handing $3.5 Million to George Soros’ Open Society Foundation

A news article from Breitbart reports that the European Union (EU) is handing 3.5 million euros to the Open Society Foundation, a non-profit organization founded by billionaire philanthropist George Soros.

The funding is reportedly being provided to support the organization’s efforts to promote democracy and human rights in the EU and its member states.

The article notes that the Open Society Foundation has been a controversial figure in some political circles, with some critics alleging that the organization uses its resources to influence political outcomes and promote a left-leaning agenda.

The article states that the EU’s decision to provide funding to the organization has generated significant debate and criticism, with some arguing that the EU should not be funding partisan political organizations.

The situation remains ongoing and it remains to be seen how this development will impact the EU and its member states.

Věra Jourová, the vice president of the European Commission, has confirmed that it is providing over $3.5 million in funding to the Open Society Foundation in order to aid its campaign efforts.

Started by Hungarian billionaire George Soros — himself infamous for breaking the Bank of England by shorting sterling as a currency speculator in 1992, nevermind his subsequent massive political lobbying efforts — the NGO has repeatedly been accused of meddling in the affairs of various EU nations, with Hungarian Prime Minister Viktor Orbán previously denouncing the leftist philanthropist as being “one of the most corrupt people in the world“.

Despite the reputation of its founder, the EU has confirmed that it is in active cooperation with the Open Society Foundation, which is set to receive over €3.3 million (~$3.53 million) in grants from the bloc for the operation of two projects falling under the so-called “Citizens, Equality, Rights and Values Programme”. The handover of taxpayers’ cash by the EU is remarkable given how the Open Society Foundation already has such incredibly deep pockets, thanks to its billionaire founder.