The refugee crisis will cost Europe "more than we thought", and a Marshall plan in the Middle East will be needed to reduce the flow of people coming to Europe, German finance minister Wolfgang Schaeuble warned Thursday (21 January).
"We need a Marshall Plan for the regions that are being destroyed," Schaeuble said during a debate at the World Economic Forum in Davos, Switzerland.
"We will have to invest billions into the countries of origin of the refugees in order to reduce the ...
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