WASHINGTON POST: The rest of Europe may see a crisis as a record number of asylum seekers flood the continent from Syria and other pockets of conflict and poverty. But Germany — the region’s economic powerhouse — is also sensing a golden opportunity.
This fast-graying nation of 81 million is facing a demographic time bomb. With a morbidly low birthrate and a flat-lining population, hundreds of schools have already shuttered. Some neighborhoods, particularly in the increasingly vacant east, have become ghost towns. For Germans, it has raised a serious question: Who will build the Mercedes and Volkswagens of tomorrow?…
Offering some of the most generous terms of asylum, Germany has become by far the biggest host in Europe for those fleeing dangerous and deteriorating conditions, with more than 800,000 applications expected this year alone. With no sign of the crisis abating as war rages in Syria and Iraq, German leaders are saying they “can cope” with 500,000 more newcomers a year for “several years.”… (more)
