Posts Tagged ‘Turkey’

German economy fuelled by nearly one million immigrants in 2012

May 9, 2013

Figures reported in the German newspaper Die Zeit give an interesting insight into immigration in Europe’s most powerful economy. Massive immigration is compensating the demographic effects of a falling birth rate. Key points:

965,908 foreigners immigrated into Germany in 2012, mostly from Poland, Romania, Bulgaria and also southern European countries such as Italy, Spain, Portugal and Greece, which have been hard hit by their local banking crises. That’s the equivalent of the population of Cologne.

However 578,759 foreigners also left Germany, leaving net immigration of 387,149.

Turks used to flood into Germany, but last year more Turks left Germany than entered, since the thriving Turkish economy offers opportunities at home. Immigration from Islamic countries has become insignificant.

Among German nationals, more left the country than returned.

Because of the declining birth rate, Germany needs net immigration of between 250,000 and 400,000 yearly in order to prevent the population from declining, which would depress economic growth and lead to an ageing population. 200,000 more people die in Germany than are born.

The moral, say Die Zeit, is that this huge immigration is beneficial despite resulting social strains, and Germany should do more to make immigrants welcome.

Meanwhile, in Britain, new legislation is under preparation to make it harder for foreigners to immigrate. We shall see which policy is right …

The euro? Greece may be on the way out but Turkey has already embraced it

May 16, 2012

If you are one of the millions who visit Istanbul nowadays, you can pay for most things with the euro. Greeks may be about to vote in a government which will take their country out of the common European currency. But Turkey, which does not even belong to the European Union, is already unofficially using it.

Even in the teeming tunnels of the Grand Bazaar, dating back to the 18th century, cash machines offer the euro and dollars besides the Turkish lira. Try getting a euro out of a cash machine in Britain. No chance.

Turkish cars carry number plates with the blue flash on the side used by member countries of the European Union. The plates carry the letters TK, as if it were a member country. Only the yellow stars of the European Union are missing.

The concept of a united Europe may seem tattered to some. But to outsiders such as the Turks, it is still an alluring prospect.