George Soros Wants to Invest $1 Billion into the Ukraine

The Ukraine has been embattled in a long war with Russia who is vying for a warm water port in the Baltic. Russia has been hit by heavy sanctions from Western Powers which has, and will continue to cripple its economy. Now, renowned financier George Soros wants to invest a billion dollars into the Ukraine. He is willing and ready to go if other Western countries help.

According to the Austria newspaper, Der Standard, Soros is ready to start aiding the Ukraine now. He has been rather vocal, in the past, that the West needs to step up to the plate and start helping that beleaguered country sooner rather that later. He has outlined the steps for a $50 billion financing package that could help buffer against a very aggressive Russian attack.

He says the West “can help the Ukraine” by helping to make the country’s “attractiveness to investors.” However a he sees the need for a political insurance policy to ensure against financial losses. How would this come to be? He see the EU forming some kind of “mezzanine” of a financial package with European Union (EU) rates of near or very close to zero.

The paper goes on to quote the billionaire financier that he stands ready to start now because he sees “concrete investment ideas” in agriculture and projects involving infrastructure. Soros says “I will put in $1 billion. This must generate a profit. My foundation would profit from this.” He also says that “… private engagement needs strong political leadership.”

George Soros was born in Hungary and became a hedge fund magnate. He made his reputation by betting against the British Pound in 1992. He also offered his views on the ongoing Greek tragedy which is continuing to play out. He feels there is a fifty percent chance the EU will be saying goodbye to Greece in the near future.