George Soros Livid After Merkel ‘Caves’ To Hungary and Poland

George Soros Livid After Merkcl ‘Caves’ to Hungary and Poland

Tyler Durden's Photo  TYLER DURDEN

George Soros is gunning for Angela Merkel after the German chancellor “caved to Hungarian and Polish extortion.” The two populist EU nations had been holding up a 1.8 trillion Euro ($2.2 trillion) budget and pandemic recovery fund over EU plans to link cash payouts ‘to a country’s respect for core European values.’

Budapest and Warsaw blocked the approval of a budget last month, accusing Brussels of “political blackmail” over the policy which would require that they adhere to the ‘rule of law and democratic norms’ – which include ‘equal opportunities, combating discrimination, and the cohesion of society’ across Europe.

Merkel, in response, struck a compromise – temporarily suspending the EU’s mechanism to ‘guarantee the rule of law’ while Brussels goes back to the drawing board, while Poland and Hungary celebrate.

We have a budget, together with the reconstruction fund, which means big funds for investment, big funds for supporting the development of Poland’s economy, for new technologies, for many goals that need to be implemented, especially now that we want to quickly come out of the pandemic. That’s important to us,” said Poland’s Prime Minister, Mateusz Morawiecki.

Hungarian Prime Minister Viktor Orban was similarly elated, saying “And we could say modestly, of course, that we saved the unity of the union. So don’t forget that this dispute was not only about the rule of law, regulation, financial issues, it was about the future of European Union and the question of what the power centre is of the European Union, the European institutions like Parliament, Commission or the member states?”

“And today we delivered evidence that the European Union is nothing else, just the community and alliance of the nations and the states. And nobody can circumvent the intentions and the will of the elected governments of any nation neither the European Parliament nor the Commission, nobody, because [the] European Union is the unity of the nations.”

And while European Commission president Ursula von der Leyen said the compromise “underlined indeed Europe’s ability to come together and act” during the “worst crisis” the bloc has faced, Soros is pissed.

In a Thursday Op-Ed in Project Syndicate, Soros said Merkel’s compromise constitutes the worst of all possible worlds,” and treats Hungary and Poland’s challenge to EU values as a “legitimate political stance deserving of recognition” which will “only add – massively to the risks that the EU now faces.”

Soros outlines three “fundamental flaws” in the deal. First, the compromise weakens the rule-of-law conditionality, altering “in substance and intent” the original agreement. Second, it defers the implementation of rule-of-law conditions until 2022, which would “be a true coup for Orbán, as it would delay any possible action until after the next scheduled Hungarian parliamentary elections.” Third, Soros says the European Council is “acting beyond its authority” by constraining the European Commissions’ ability to interpret and act on agreed EU legislation, according to a statement by Soros right-hand man Michael Vachon.

The Hungarian billionaire concedes that while the deal is “ugly and flouts the express wish of the European Parliament,” that the European Parliament “may well approve it” due to the urgent need for COVID-19 relief funding.

Mr. Soros recognizes the “enormous pressures under which Chancellor Merkel has been laboring” and that “she does not want another country, Hungary, to announce its intention to the leave the EU on her watch”. However, the primary victims of the deal that Merkel has reportedly struck with Orbán will be the people of Hungary, Mr Soros argues.  The reprieve gives Fidesz “more than a year” to change Hungarian laws and the constitution, and to continue to redefine “public funds” in Hungary in ways that enable him to “channel ill-gotten loot from public bodies into private foundations controlled by his cronies”.

Orbán was reportedly considering leaving the EU, writes Mr. Soros, because he “cannot afford to have the sheer scale of his regime’s corruption exposed”, which the EU’s “rule of law” conditionality on the disbursement of Union funds “would invariably have done”.  According to Mr. Soros: “Orbán has stolen and misappropriated vast sums during his decade in power, including EU funds that should have gone to benefit the Hungarian people. He cannot afford to have a practical limit imposed on his personal and political corruption, because the illicit proceeds of are the grease that keeps the wheels of his regime running smoothly and his cronies in line”. -Michael Vachon

Meanwhile, EU law expert Alberty Alemanno tells Euronews that Merkel’s compromise “killed a mechanism that is supposed to guarantee the rule of law” by turning it into an “instrument of last resort.”

The 1.8 trillion package includes the EU’s seven-year budget, worth just under 1.1 trillion Euros, as well as a 750 billion Euro COVID-19 recovery fund (aka Next Generation EU).

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1 Comment on George Soros Livid After Merkel ‘Caves’ To Hungary and Poland

  1. ————– Plan AURORA one great now Cityland for Europe ——to the attention of stupid EU politicians———
    The late Baron Benjamin de Rotschild, on a cash basis, wanted to call England back to the EU. He wanted this in an intermediate way. The grief of the English was immigration. Island world, so that’s understandable. There is currently a fundamental difference between Mr.SOROS and the new EU-nationalists. But I would have 1 great synthesis. According to the Baron, there should be 1 “gateway”, because it is not a castle built without doors and windows in the EU.The EU will never be the US. In turn, the U.S. operated State and Ellis Island from 1900-1935. Old China under english pressure, contracted to Hong Kong city for 99 years. In 1956, Hungarian refugees could apply for state immigration quotas, up to 1x more. It either came in or they didn’t. The Baron, put these 3 together. According to him, 1 new island city-state should be founded.This would have been “new Hong Kong” (= city of AURORA) leased from Greece by the EU for 99 years where there is EU jurisdiction, ordinary administration (judge, police officer, prosecutor, etc.) it is a large city of 3-5 million with full infrastructure (port, airport , kindergarten, school, factories, etc.) . Only immigrants/refugees could come here. Here they receive an legal EU-passport with a named “freely chosen fantasy” ( = alias Mr.”Charlie Firpo”) , with announced identification (now 1x in life and his its you can never choose anything else, + iris, face-photo, fingerprint and DNA = mikrochip Pass). With this document, they can spend 90 days in 1-1 years in any EU country.Following the example of the French Foreign Legion, this relationship is contractual. They must stay for 4-5 years on a real EU-contractual basis in this city. They can then apply for immigration quotas from EU Member States. If the time limit is exceeded by +1 day in 90 days or a criminal offense is committed in any EU Member State, they will be revoked this right to apply for + 1-2 years. Anyone can all be legally repatriated here. There are excellent basic-vocational schools to do here where refugees can get professions and learn a EU-language for little money.The island is guarded by the EU with a sharp-gun, but is free to leave, but 90 EU days is strictly counted. If, this island state is a full taxfree zone, then refugees can be rebuilt throughout the city for a normal salary. In the factories you can work for normal-pay, you can trade, bank, collect money in EUR …. and in the end you can go home if you want, but this is a “termination” of the contract and you lose your refugees EU passport permanently(stopped the EU-contract). According to the Baron, this would be the largest humanitarian real estate and capital business of the 21st century.

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