Soros Foundation Restructures EU Funding Strategy, Cuts Operations

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Source: Reuters
Soros Foundation Restructures EU Funding Strategy, Cuts Operations
Photo: Reuters
TL;DR

Open Society Foundations, the charity founded by billionaire George Soros, plans to withdraw or terminate large parts of its work within the European Union as it shifts focus to other parts of the world, according to an internal email. The decision is part of a strategic shift that aims to allocate resources to make a significant impact in other regions. The foundation will continue to support civil society groups across Europe, including those working on EU external affairs, while maintaining support for European Roma communities. The organization will also continue to fund programs in Europe through national foundations.

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