×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
16
Jan 2026
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Soros to end “most EU Operations” in “radical shift”

The move comes after the $25 billion family foundation announced a headcount reduction of at least 40% following Alexander’s ascent

Newsroom August 17 02:09

George Sorors’ Open Society Foundations, which are now controlled by his son Alexander, will cease most of its operations in the European Union.

The move, which comes after foundation-funded NGOs ferried migrants to Europe for over a decade (mission accomplished?), comes after the $25 billion family foundation announced a headcount reduction of at least 40% following Alexander’s ascent.

Citing a “radical shift of strategic direction,” OSF says that their new operating model will require “significant further restructuring,” and “closing all regional and global programs,” according to a letter sent to grantees in Hungary which was seen by Bloomberg.

See Also:

>Related articles

Ballistic missile strike hits pier in Ukraine

The ordeal of a 28-year-old Greek man in Australia: He went on holiday to visit relatives, was injured at a beach, and is at risk of quadriplegia

FBI searches the home of a Washington Post journalist who covered the Trump administration’s firing of federal employees

Anti-aging benefits for old mice that surgically share blood with young

“Ultimately, the new approved strategic direction provides for withdrawal and termination of large parts of our current work within the European Union, shifting our focus and allocation of resources to other parts of the world,” reads the message, which cites another note sent to staff at OSF’s Berlin headquarters.

Continue here: Summit.News

Ask me anything

Explore related questions

#Alexander Soros#eu#europe#George Soros#globalisatin#Open Society Foundations (OSF)#population replacement#world
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Cold wave from Ukraine to hit Greece: Temperatures drop to 10°C, Gale-Force winds in the Aegean and Ionian Seas

January 16, 2026

The billionaire behind Trump’s Greenland decisions convinced him that the U.S. should acquire it

January 16, 2026

A treat for readers: Dior, bags, and literature

January 16, 2026

Greek firms secure key roles in Libya’s reconstruction

January 16, 2026

Why Trump hasn’t “pressed the button” to attack Iran: White House and allies doubt it will weaken the Iranian regime

January 16, 2026

Latsis Group: This is the new project of Aura Residential’s 219 apartments in Elliniko

January 16, 2026

Marinakis: Anestidis has no place in a meeting with Mitsotakis; The video with insults crosses the line of decency

January 16, 2026

Mercosur agreement sparks concern over olive export tariffs: Greek and European producers face 12.6% duty

January 16, 2026
All News

> Economy

Greek firms secure key roles in Libya’s reconstruction

21 Memoranda of Understanding in Benghazi with the Reconstruction Fund - Metlen, TERNA, ADMIE, Archirodon, THEON, TTSA, SALFO, HILLCON and the Greek business footprint in energy, networks, infrastructure, health, pharmaceuticals, food, education and digital projects

January 16, 2026

Latsis Group: This is the new project of Aura Residential’s 219 apartments in Elliniko

January 16, 2026

Industry: Energy deadlock after Commission’s “no” to Italian pricing model

January 16, 2026

ENFIA discounts explained: How home insurance unlocks up to 20% off – 21 answers from AADE

January 16, 2026

Tourism: Greece, Athens, and Attica lead with over 4.75 billion euros in revenue by 2019—Doubling previous figures

January 15, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα