EU sees three million migrants arriving by 2017

Three million migrants fleeing war and poverty are seen entering the EU by 2017 in a development likely to have a marginal positive impact on the economy, the European Commission said Thursday. In its first ever assessment of the economic effect of Europe's biggest migration crisis since World War II, the Commission said the influx could boost gross domestic product by 0.2 to 0.3 percent. EU economic commissioner Pierre Moscovici said the "weak but positive" economic effect of the migrants could