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10/2/15

Refugees: European Refugee Crises: Migrant Influx Costs Europe, But Economy Could Benefit - by Henry Ridgwel

The influx of hundreds of thousands of refugees and migrants is testing Europe’s ability to respond — especially in the poorer Balkan states. But some analysts argue that Europe will benefit by welcoming the huge numbers of young people  — many of them well educated and willing to work.

Germany expects up to 1 million asylum seekers this year alone. The upfront costs of housing, education and social care are considerable — but it could stimulate the economy, argues Christian Odendahl of the Center for European Reform.

Read more: Migrant Influx Costs Europe, But Economy Could Benefit

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