The economic impact of suspending Schengen
At a Glance
04-03-2016
The suspension of the Schengen Agreement and re-establishment of permanent border controls would lead to a restriction of the four freedoms of the Single Market and have a negative economic impact. Estimates show that the costs of rolling back Schengen would – depending on region, sector and alternative trade channels – be between €5 billion and €18 billion per year. Please click here for the full publication in PDF format
At a Glance
About this document
Publication type
Author
Keyword
- border control
- economic analysis
- economic consequence
- ECONOMICS
- EMPLOYMENT AND WORKING CONDITIONS
- EU situation
- euro
- European construction
- EUROPEAN UNION
- FINANCE
- frontier worker
- internal border of the EU
- international affairs
- international law
- INTERNATIONAL RELATIONS
- intra-EU trade
- labour market
- LAW
- monetary relations
- POLITICS
- politics and public safety
- Schengen Agreement
- TRADE
- trade policy
- trans-European network
- withdrawal from an agreement