GEORGE SOROS: 'Wake Up, Europe!'

Multi-billionaire investor George Soros has issued a warning to Europe's democracies over the threat that a resurgent Russia poses to the continent.

In an essay published Thursday in the New York Review of Books, Soros calls for more economic and military support for Ukraine, as well as the abandonment of the eurozone's current austerity programs.

Here is his opening few lines [emphasis added]:

Soros is probably a better authority than most to talk about the threat from a divided Europe. In 1944, Soros was 13 years old and living in Hungary when Germany invaded. He goes on:

He ends on a call for the EU to be more "united, flexible and efficient":

There must be something wrong with the EU if Putin's Russia can be so successful even in the short term. The bureaucracy of the EU no longer has a monopoly of power and it has little to be proud of. It should learn to be more united, flexible, and efficient. And Europeans themselves need to take a close look at the new Ukraine. That could help them recapture the original spirit that led to the creation of the European Union. The European Union would save itself by saving Ukraine.

Read the whole thing at NY Books >