Eurozone fact of the day

The number of Greeks moving to Germany jumped 78% in the first half of 2012 from a year earlier, Germany’s statistics office said.

In all, more than 16,000 people moved to Germany from Greece between January and June, an acceleration of a trend that began in 2010 after the Greek crisis began. The number of immigrants to Germany from Spain and Portugal was up by 53% for each country.

Here is more.

Comments

your site is FUBAR'd in Safari and Firefox

I use Safari, and it looks fine to me. I always run with cookies and javascript disabled -- maybe that's your problem.

No problems with Firefox here.

Better Greeks or Portuguese than Turks.

Once you let in one swarthy group of immigrants you open the door to another. In America this takes the form of statements by political leaders such as "Hispanics can be assimilated just like Italians were a century ago."

And where did you get in from? The Window?

A divorced man can criticize no fault divorce and the decline of marriage. The problem a lot of minorities have is that they lack the intellectual integrity to admit that their racial opponents have valid points.

Also called slamming the door shut behind you?

Immigration is a matter of policy, not morality--there is no such thing as a right to live wherever you want. Greeks can't run their own country, so the right-side distribution move to non-Greek countries. So far, so good, until you start going further down the curve and enough of them show up that they can lobby for the same dysfunctional policies that ruined their homeland.

Actually, former migrants tend to be the harshest critics of immigration... just talk to my dad.

Ha Weidemann, this is your own fault.

Is it rich Greeks fleeing to evade higher taxes? Or poor Greeks fleeing to find a better safety net?

There is at least one more possibility. Back in the 1960s to the 1980s, huge numbers of Greeks emigrated. Most of them were honest and industrious, as shown by their success in their new homes. The loss of these people contributed to the culture of cronyism, tax evasion and bribery that blews up as the current crisis in Greece.

A significant contributor to the current Euro crisis was implementing fee movement of capital on a faster timeframe than free movement of people. Now that Schengen is mostly-fully implemented, we can expect demographics to unwind the imbalances of the past decade, eventually, even if the politicians and central bankers never figure it out.

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