(CNBC) — Billionaire financier George Soros has warned that the European Union is in mortal danger of collapse if it doesn't agree to a massive cash injection to fix the refugee crisis.
In an essay written for the New York Review of Books, Soros also claimed that a humanitarian catastrophe is unfolding in Greece.
"The asylum seekers are desperate. Legitimate refugees must be offered a reasonable chance to reach their destinations in Europe," the investor wrote in the publication.
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