Think-tank estimates Germany must pay €21 bn to integrate refugees

EPA/SVEN HOPPE

The president of the Ifo Institute for Economic Research Hans-Werner Sinn speaks during the institute's annual meeting in Munich, Germany, 12 June 2015

Germany can take it, but at a cost to the German working class says Ifo


The President of the Ifo think-tank, Hans-Werner Sinn, told the German newspaper, Tagesspiegel, that a rising tide of refugees in Germany could trigger pressure at the low end of the labour market and pressure on the welfare state. However, Sinn suggests that Germany assume this expenditure, given a budget surplus, and maintain a minimum wage to prevent unfair competition.

Sinn suggested that most refugees from Syria do not have basic numeracy-literacy skills and estimated that the bill Germa...


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