Monday, January 18, 2016


The migration crisis in Europe may spell the end of the Schengen Agreement of which Dominica is a beneficiary. PM Skerrit has been traveling the world selling Dominica's passports and promoting the easy access to Europe it provides its buyers through the Schengen Treaty. But that treaty may be at risk of being discarded because of the migration crisis that is now consuming Europe. Should that occur then Mr. Skerrit's traveling salesman job will lose its luster and the returns on the sale of passports will most certainly drop, further drying up the cash he's attempting to raise in order to meet Dominica's obligations.

Photo Courtesy: Noticia.Global
The issue surrounds the distribution of the migrants throughout Europe. It has not been equitable and Germany has been taking in more than it's fair share. Problems created in Germany by these migrants are putting pressure on German Chancellor Angela Merkel to shut its borders. Chancellor Merkel has been trying to get other European countries to take in more, so far to no avail.

This pressure on Ms. Merkel coupled with the British considering whether to stay within the European Union and fears in France of the rise of the ultra nationalist National Front party, are sowing fears that continued existence of the Euro may be in doubt, with the individual countries reinstating their own currencies.

From The Huffington Post

Merkel and Juncker explicitly linked new national frontier controls across Europe's passport-free Schengen zone to a collapse of the single market at the core of the bloc, and of the euro. Both would ravage jobs and the economy.
"Without Schengen ... the euro has no point," Juncker told a New Year news conference on Friday. Historic national resentments were re-emerging, he added, accusing his generation of EU leaders of squandering the legacy of the union's founders, survivors of World War Two.
Merkel has not suggested -- yet -- that Berlin could follow neighbors like Austria and Denmark in further tightening border checks to deny entry to irregular migrants. But she has made clear how Europe might suffer.
"No one can pretend that you can have a common currency without being able to cross borders relatively easily," she said at a business event last week.
In private, German officials are more explicit. "We have until March, the summer maybe, for a European solution," said a second German official. "Then Schengen goes down the drain."
A senior EU official was equally blunt: "There is a big risk that Germany closes. From that, no Schengen ... There is a risk that the February summit could start a countdown to the end."
The next summit of EU leaders one month from now follows meetings last year that were marked by agreement on a migration strategy as well as rows over failures to implement it.
Of the 160,000 asylum seekers EU leaders agreed in September to distribute among member states, fewer than 300 have been moved.
Berlin and Brussels continue to press for more distribution across Europe. But few place much hope in that -- one senior German official calls it "flogging a dead horse".

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