The charity founded by billionaire financier George Soros is shifting its focus away from Europe to other parts of the world.
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00:00 Open Society Foundations, the charity funded by Hungarian-born billionaire George Soros,
00:06 is pivoting its focus away from European matters. It said it plans to withdraw or terminate
00:12 large parts of its work within the European Union, shifting its focus to other parts of
00:16 the world. The organization supports people fighting for freedom of expression, accountable
00:22 government and societies that promote justice and equality. But for some in Hungary, the
00:27 decision makes no sense.
00:30 I think the application is a bit contradictory. One thing is that the European Union has its
00:37 own position, and the other thing is how it actually applies to the actions of the governments.
00:44 The Hungarian government does not do anything for the people of the LNPTQ, but against them.
00:50 But I think democracy is not only in Hungary, but in other EU member states as well.
00:56 It is not yet clear how or where the foundation's funds will be reallocated, but it will continue
01:03 to support some civil society programs in Europe.
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