Arab Today, arab today bundesbank immigration represents opportunity for germany
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Bundesbank: Immigration represents opportunity for Germany

Arab Today, arab today

Arab Today, arab today Bundesbank: Immigration represents opportunity for Germany

A helper gives food to migrants waiting for a special German train in Freilassing
Frankfurt - AFP

The head of the German central bank or Bundesbank, Jens Weidmann, said Wednesday the influx of refugees is a challenge for Germany, but also an opportunity given its ageing population.

"Coping with the influx of refugees will demand a lot from Germany. But immigration also brings with it opportunities," Weidmann told the daily Sueddeutsche Zeitung in an interview.

"Those opportunities will be bigger, the more successful we are in integrating the people who come to us into society and the labour market," Weidmann said.

Given the demographic change in Germany, with a rapidly ageing population, Europe's biggest economy "needs additional workers in order to maintain its prosperity," the central bank chief argued.

Estimates put the number of qualified workers that Germany will lack by 2020 at 1.8 million.

Weidmann said that the German economy was currently in good shape, "but that's not a given and no reason to rest on our laurels."

"The current recovery will come to an end at some point. In the longer-term, Germany faces substantial challenges, such as the ageing population, increased competition from emerging economies" and the switch from fossil fuels to renewable energy, Weidmann said.

As Bundesbank president, Weidmann sits on the policy-setting governing council of the European Central Bank.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bundesbank immigration represents opportunity for germany Arab Today, arab today bundesbank immigration represents opportunity for germany

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bundesbank immigration represents opportunity for germany Arab Today, arab today bundesbank immigration represents opportunity for germany

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday