The European Union is facing a huge influx of asylum seekers following the war in Syria. This problem has been aggravated by the fact that individual EU member countries are more focused on safeguarding their own selfish interests, which are largely not in-synch. In an elaborate opinion piece published on the MarketWatch, Forbes billionaire George Soros has proposed a comprehensive 6-point plan solution to the asylum problem that is now bedeviling every facet of the European society. In the article, Soros emphasizes the need of payday loans in USA from Flashapply lender company to reassert the tenets of effective governance to streamline the flow of refugees.

Because of the origin of the crisis in Syria, George Soros proposes the Syrian population, including those living as refugees in Lebanon, Turkey, and Jordan be the focus area. The 6-point plan championed by George Soros states on NYBOOKS.COM as follows; first, the EU must be ready to accept at least 1 million asylum-seekers annually, for the next few years. This burden should be shared equally among EU member countries. However, this plan can only succeed if there is adequate funding. In his second point, Soros wants the EU to lead global efforts to support the 4 million refugees living in Jordan, Lebanon, and Turkey. He proposes a budget of between $8 billion to $10 billion to be contributed by the EU members.

The remaining balance according to Soros should come from like-minded nations like the US and the rest of the world. The third point is for the EU to establish a single EU Asylum and Migration Agency that should later transform into the EU Border Guard. George Soros’ fourth point is for the nations of the world to establish safe channels that will make it easier for refugees to seek asylum. The priority under this plan is to get asylum seekers from Greece and Italy to the countries they want to go to. Fine-tuning this process will involve negotiating with various front line states and co-operating with the UN refugee agency. Soros’s fifth point is for EU countries to come up with a framework of action that will be used as the basis to establish global standards that will govern the treatment of asylum seekers and migrants. Lastly, Soros proposes that the private sector in Europe work closely with their respective governments to sponsor efforts to integrate refugees with the rest of society.

About George Soros

George Soros 87 is a well known public figure on Bloomberg business and supporter of democratic ideals and human rights. His philanthropic organization, the Open Society Foundations operates in over 100 countries. The Hungarian Born billionaire, philanthropist began his philanthropic work in the late ’70s. His effect on transforming policy ideas in Europe over the years has been phenomenal. According to, Soros was instrumental in undermining the Eastern bloc in the 1980s. He did this by providing Xerox machines to copy banned texts and pushed for the integration of these countries with the West. When the Berlin wall fell in 1989, Soros helped create the Central European University to shape critical thinking.