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Montevideo, April 20th 2024 - 10:32 UTC

Tag: European crisis

  • Wednesday, May 30th 2018 - 09:13 UTC

    EU facing an existential crisis, argues billionaire George Soros

    Addressing the European Council on Foreign Affairs, a think tank he helped found, Soros said: “Divorce will be a long process, taking more than five years”.

    Anti-Brexit billionaire George Soros has urged the EU to “transform itself into an association that countries like Britain would want to join”. Soros said in a speech that Brexit was an “immensely damaging process” for both sides that would “probably” take more than five years to sort out. He warned the EU was “facing an existential crisis” on several fronts.