EU: Migrant Arrivals Boost Economy

The European Union’s executive arm said it is expecting a small but positive economic impact from the 3 million migrants expected to arrive in the bloc nations by 2017. “There will be an impact on growth that is weak but positive for the EU as a whole, and that will increase GDP by 0.2 to 0.3 percent by 2017,” the economic commissioner said. According to the predictions, 1.5 million migrants will arrive in the EU next year, exceeding this year’s total.