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Ecofin: Impact of Refugee Crisis on National Budgets to Be Taken into Account

Afghan_refugeesThe refugee crisis is a “special case” and therefore the impact on the economies of member-states must be taken into consideration when examining their draft budgets, as presented by the European Commission in Tuesday’s meeting of EU finance ministers in Brussels.
According to Luxembourg’s minister of finance and head of the Ecofin, Pierre Gramegna, the Commission will include, in its opinions on state budgets, the real costs from dealing with the refugee crisis in 2015 and 2016 by comparing them with those of 2014.
(Source: ANA-MPA)

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