Refugee crisis will cost Germany £38 ($60) BILLION by the end of 2017, new study claims

A new study in Germany released on Monday puts the cost of the country's refugee crisis at £38 billion - and rising. The German Economic Institute, which is based in Cologne, put together a projection for feeding, housing and educating the children of one million-plus migrants who have entered the country. Angela Merkel's government is reported to already be dreaming up new ways of taxing people - in what is already one of the most heavily taxed countries in the world - to help foot the bill.

Read more at the UK Daily Mail
(Hat tip: KimR)