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Europe integration threatened by potential Brexit and refugee crisis: IMF
The influx of refugees into Europe and the possibility of Britain’s exit from the European Union (EU) – “Brexit” – are threatening economic integration in the continent, the International Monetary Fund (IMF) warns.
“I worry a lot about the strong trend in Europe to pull back from market integration,” Maurice Obstfeld, the IMF’s new chief economist, told AFP in a Tuesday interview.
Obstfeld said one of the main factors exacerbating the trend is “the refugee crisis, where there’s a lot of pressure on open borders and workers’ mobility.”
Europe is facing record refugee arrivals. Thousands of asylum seekers, many of whom from war-ravaged Syria, travel from Turkey to Greece by boat. They then transit from Greece through Macedonia, Serbia, Croatia, and Slovenia to Austria, with the ultimate goal of reaching Germany and other wealthy Western European states …. http://www.presstv.ir
Source: http://luismmx.blogspot.com/2015/11/europe-integration-threatened-by.html
