• 309 days Will The ECB Continue To Hike Rates?
  • 309 days Forbes: Aramco Remains Largest Company In The Middle East
  • 311 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 710 days Could Crypto Overtake Traditional Investment?
  • 715 days Americans Still Quitting Jobs At Record Pace
  • 717 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 720 days Is The Dollar Too Strong?
  • 721 days Big Tech Disappoints Investors on Earnings Calls
  • 721 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 723 days China Is Quietly Trying To Distance Itself From Russia
  • 723 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 727 days Crypto Investors Won Big In 2021
  • 728 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 728 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 731 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 731 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 734 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 735 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 735 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 737 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

'Just Say No': Austria Announces Daily Quotas on Refugees: Yearly Flow Reduced to 37,500 from 1,000,000

Austria Announces Daily Refugee Quotas

Earlier today, Austria announced daily quotas on refugees arriving at its borders. With that announcement, the last hope for Merkel's refugee sharing program finally bit the dust.

The reduction in the number of migrants Austria will accept is staggering. Last year 1,000,000 refugees flowed through Austria. This year Austria will take 37,500.


Merkel's Plan "A" Refugee Sharing Plan Bites the Dust

Please consider Austria Announces Border Clampdown to Slow Migrant Flow.

Austria has announced new restrictions on its borders with Italy and Slovenia, as ministers played down hopes of a common European agreement on managing Europe's largest refugee influx in decades.

"Plan A [sharing refugees across the EU] isn't enforceable and it won't be on Thursday and Friday," Werner Faymann, chancellor of Austria, told reporters in Vienna, as he announced a tightening of restrictions along internal EU borders.

Austria will on Wednesday announce a new daily cap on the number of asylum seekers it will allow into the country, in co-ordination with neighbouring Slovenia. Once the daily limit is reached, asylum seekers will be turned away in line with the Dublin Convention on asylum rules, the official said.

Austria has struggled to cope with the arrival of more than 1m asylum seekers in 2015 alone -- most use the country as a corridor to access Germany after their journey through Greece and the western Balkans.

On January 20, ministers announced the country would only accept 37,500 asylum seekers in 2016 and last week Sebastian Kurz, Austrian foreign minister, said Macedonia should be ready to "completely stop the flow of migrants across its southern border from Greece".

Countries further south along the western Balkans migrant route are now bracing themselves for what Johanna Mikl-Leitner, Austria's interior minister, described as a co-ordinated "domino effect" of border clampdowns. Officials in Slovenia, Croatia, Serbia and Macedonia have repeatedly warned they will immediately match border restrictions imposed by any of their neighbours.

"It is important that each country progressively restricts the flow on its border, and that we do this in agreement with each other," Ms Mikl-Leitner said on Tuesday. "The brakes are being applied step by step."


Refugee Math

  • 1,000,000 a year is 2,739 per day
  • 37,500 a year is 102 per day


"Just Say No"

The EU finally has the start of a plan that makes sense. Let's label the plan for the way it needs to work: "Just Say No".

The refugee sharing proposals of Merkel were idiotic from the start. The "Just Say No" approach will lead to bottlenecks for existing refugees but it will stop new inflows.

It will be up to Greece to stop the flows right at the border with Turkey. But the EU should offer fence-building assistance to Greece, whatever it takes, instead of depending on Turkey.

Finally, Greece should be willing to turn away any flotillas that arrive on its shores, just as Australia has done.

The "Just Say No" plan is essentially the same plan I made about six months ago without the catchy name.

 

Back to homepage

Leave a comment

Leave a comment