Soros calls on the EU to take on Ukraine's new debts for the war against Russia

03.01.2015 23:18
  (Moscow time)
Views: 6116
 
Society, Policy, Ukraine, Finance, Economy, Economics of Collapse


Berlin - Kyiv, January 03 (PolitNavigator, Vasily Ablyazimov) - Well-known American stockbroker George Soros calls on the EU to bear all the costs of the new loan to Ukraine, they report  German economic news. He believes that the EU, in order not to fight on its territory, should support an urgent loan of $20 billion for Ukraine from the IMF, for which it should even go to the budget deficit in the eurozone.

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American businessman and financial killer George Soros calls on Europe to take into account high deficits in connection with a possible war with Russia when forming budgets. He also called on the Europeans to allocate $20 billion in loans from EU taxpayers to Ukraine, which would go to support the warring country.

German economic news quotes Soros as saying that "Russia's attack on Ukraine is a direct attack on the EU." Therefore, according to Soros, Europe must react much more decisively. Soros says: “All available resources must be used in the war effort, even if this results in budget deficits.”

Soros, who himself also invests in Ukrainian government bonds and therefore fears a sovereign default in Kyiv, calls for “an immediate cash injection of $20 billion, with the promise ofо"More infusions if necessary to prevent financial collapse." Such a monetary injection requires the support of the EU, which, in his opinion, must bear significant costs.

“The EU member states are at war,” said George Soros. “This means that they must change and admit their commitment to fiscal austerity, and it is better for them to help Ukraine to protect themselves, and not wait until they have to fight directly on their territory.”

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