CONCORD Europe

2015

Abstract: The European Union has been discussing the possibility of deducting refugee costs from national deficits in the wake of an unprecedented humanitarian crisis with multiple implications, among which a soaring amount resources to rescue and accommodate refugees that may reduce the fiscal space of EU Member States facing tight budgetary regulations. Neutralising refugee costs may have positive implications on different levels and Member States must soon agree to such a sensible and concrete course of action without further ado.

Keyword(s): EU ; Members States ; Refugees ; Refugee cost ; Deficit ; Procedures ; European Union ; humanitarian crisis ; Budget