Tuesday, October 20, 2015
Mass Influx of Refugees Will Continue to Derail Germany's Economy
ANBOUND
Europe has been beleaguered by millions of refugees and Germany has the highest number of refugees among the European countries.
Anbound's scholars are of the view that, in the short term, Germany’s economy, welfares, public services and other fields might be affected due to the mass influx of refugees.
However, the mass influx of refugees also presents an opportunity for Germany to replenish on its young work forces and this is beneficial to the Germany.
Compared to economy, the refugee issue might need longer time to digest the differences in social and cultural aspects.
Overall, the refugee crisis is a burden to the Europe as a whole.