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...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now