The massive influx of refugees, the largest since World War II, will have consequences on Germany's society, welfare …

or less unchanged. In the next year, the huge current inflow of refugees will increasingly influence the number of … unemployed. For economic policy the challenge is to integrate refugees into the labour market as soon as possible. …

employed refugees exceed the costs to the public sector resulting from the refugees who are not in the labour market. The … "economic break-even" point can be reached as early as 2025 if the gross value added contributions of the employed refugees by … that time exceed the costs of caring for and integrating the refugees who are not in employment. This will require a "smart …