Market News
Sweden received more immigrants from EU crisis countries
Wednesday, 23 January 2013
Sweden last year received more than 5000 immigrants for the crisis countries of the EU states as the better Swedish economy looked like a magnates for jobs seekers from other parts of the EU.
The Swedish Migration Board approved residence rights for more than 5,000 people from crisis countries of Spain, Greece, Italy, Portugal, and Ireland. These countries have extremely high unemployment rates as their economies stagnated, and started reversing ending in acute austerity measures.
The amount of immigrants more than double compared to 2010, writes Swedish newspaper, Svenska Dagbladet.
The real figure could also be large. Francisco Rodriguez Vita, president of the Spanish National Association, believes that about 80 percent of the new arrivals from Spain are illegally living in Sweden. He describes the situation Spain as "desperate".
According to Bloomberg news, Spanish unemployment hit about 6 million people for the past months.
“Unemployment will continue to rise this year,” said Sara Balina, an analyst with Madrid-based consultancy firm Analistas Financieros Internacionales to Bloomberg News. “Demand will deteriorate and outweigh the positive contributors to growth that are tourism and exports.”
The OECD sees unemployment in Spain, already the highest in the European Union, reaching 27 percent this year.
by Scancomark.com Team
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Sweden received more immigrants from EU crisis countries
Wednesday, 23 January 2013Sweden last year received more than 5000 immigrants for the crisis countries of the EU states as the better Swedish economy looked like a magnates for jobs seekers from other parts of the EU.
The Swedish Migration Board approved residence rights for more than 5,000 people from crisis countries of Spain, Greece, Italy, Portugal, and Ireland. These countries have extremely high unemployment rates as their economies stagnated, and started reversing ending in acute austerity measures.
The amount of immigrants more than double compared to 2010, writes Swedish newspaper, Svenska Dagbladet.
The real figure could also be large. Francisco Rodriguez Vita, president of the Spanish National Association, believes that about 80 percent of the new arrivals from Spain are illegally living in Sweden. He describes the situation Spain as "desperate".
According to Bloomberg news, Spanish unemployment hit about 6 million people for the past months.
“Unemployment will continue to rise this year,” said Sara Balina, an analyst with Madrid-based consultancy firm Analistas Financieros Internacionales to Bloomberg News. “Demand will deteriorate and outweigh the positive contributors to growth that are tourism and exports.”
The OECD sees unemployment in Spain, already the highest in the European Union, reaching 27 percent this year.
by Scancomark.com Team
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