Refugee influx a major opportunity for Germany, leading economist says

Marcel Fratzscher says benefits of absorbing refugees to offset demographic crisis will clearly outweigh the costs in five to 10 years The long-term economic gains from the huge numbers of refugees arriving in Germany will far outweigh the massive costs of the crisis, a leading economist has told the Guardian. Marcel Fratzscher, the head of the German Institute for Economic Research (DIW), has said the hundreds of thousands of newcomers this year as well as the hundreds of thousands more expecte...