Macroeconomic impacts on Germany and the countries of the European Union
Bertelsmann Stiftung (ed.)
Dr. Michael Böhmer, Jan Limbers, Ante Pivac, Heidrun Weinelt
Departure from the Schengen Agreement
- Format Type
- Date of publication
- 24/02/2016
- Edition
- 1. edition
Format
-
PDF
Price
Free of charge
Description
The long-term reintroduction of border controls within Europe would reduce economic growth throughout Europe. Up to the year 2025 for Germany alone a decline in growth can be expected amounting to a minimum of 77 billions from 2016 to 2025. In a pessimistic scenario these losses could even sum up to about 235 billion euros within the next 10 years. These are the results of a current study by Prognos AG on behalf of the Bertelsmann Stiftung.
