Austria expects to spend €1.9 billion on its Army and €1.8 on asylum seekers this year. Ironically, the spending on the Army is to protect the country while the spending on asylum seekers effectively harms the country through massively higher crime and future civil unrest and terrorism.
Kronen Zeitung (translated):
According to the Ministry of Finance, refugee costs are estimated at 0.5% of economic output in 2017. According to the Ministry of Finance, this statement of costs is based on EU guidelines, and refugee costs may be excluded from the structural deficit.
In the previous year 1.67 billion euros in refugee costs
“The 1.8 billion euros will hold,” said Schelling on Monday. Parliament’s budget service includes some of the family allowance for those entitled to asylum, as well as other costs, and adds up to around two billion euros. “There are different calculation and calculation bases, but the number is correct.” In the previous year, the cost of refugees had amounted to just under 1.67 billion euros. The Ministry of Finance expects the EU to continue accepting the additional costs of care and integration of refugees in 2015. Thus, the structural deficit should be within the agreed EU level, below 0.5%.
From CIW NEWS Contributor
Austria (AT) is estimated to have a population of 8.8 million with a growth rate during 2010-2015 of 0.4% pa.
At the same rate of change, in five years' time its population will increase by 0.2 million.