Germany: Berlin needs emergency loans after migrants blow €500 million hole in city’s budget

Despite claims that migrants are going to fund the entire West and save pensions with all the tax funds they generate, reality is once again encroaching. Now, the Berlin Senate is preparing emergency loans to cover refugee costs at a time when Berlin is cutting services, including for schools, due to increasingly dire budget shortfalls. … Continue reading Germany: Berlin needs emergency loans after migrants blow €500 million hole in city’s budget