The refugee crisis will cost Europe "more than we thought", and a Marshall plan in the Middle East will be needed to reduce the flow of people coming to Europe, German finance minister Wolfgang Schaeuble warned Thursday (21 January).
"We need a Marshall Plan for the regions that are being destroyed," Schaeuble said during a debate at the World Economic Forum in Davos, Switzerland.
"We will have to invest billions into the countries of origin of the refugees in order to reduce the ...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login