The Economic Trojan Horse is Actually a German Horse

• Main Author: Romeo-Victor Ionescu
• Format: Article
• Language: English
• Published: Danubius University 2016-02-01
• Series: Acta Universitatis Danubius: Oeconomica
• Subjects: migrant distribution keys; relocation scheme; risk of poverty or social exclusion; unemployment rate; labor market
• Online Access: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/3195/3113

The paper is focused on the immigrants‘ impact on the EU‘s economy in the context of the latest immigrant crisis generated by Germany and France. The analysis in the paper covers not only the economic negative effects, but the social effects as well. The scientific approach is based on the latest official data. A distinct part of the paper deals with forecasting procedures able to point out the powerful negative impact of the immigrants on the labor market and public finances on short and medium terms. The main conclusion of the paper is that Germany is not able to manage this immigrant crisis and it will try to solve the problem putting pressure on other Member States or translating the crisis management to the global organism, as Davos Conference, for example.