George Soros criticized the EU's handling of the coronavirus pandemic and gave Milan and Budapest $1 million each to combat the crisis
George Soros is giving over $1 million to the City of Milan to help it end and recover from its devastating coronavirus outbreak, the former hedge fund manager announced in a statement emailed to Business Insider on Tuesday.
The donation came the day after Soros announced that he would give a separate €1 million gift to help his native Budapest provide for its elderly and homeless populations through his non-profit,. Both gifts are part of Soros' larger "series of interventions" in Europe's coronavirus crisis, the 89-year-old billionaire's son Alex Soros said in the statement.
The Soros family also criticized the European Union's response to the outbreak, saying that the EU should have focused on "reaching out in the spirit of cooperation and shared sacrifice" instead ofIn a separate statement released earlier this week, Soros said his response to the crisis was inspired by his experiences growing up in Budapest during the Holocaust.
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