The International Monetary Fund is recommending that a million European migrants from the Middle East and Africa be paid below the minimum wage. The international organization argues undercutting the European labor market is the only feasible way to integrate the migrants. EuroActiv, a source for European Union news, reported on Wednesday: For the IMF, employment is the major means by which the refugees... 

The European currency euro logo stands in front of the European Central Bank (ECB) in Frankfurt, Germany. Business confidence has dropped in Germany to its lowest level in more than two years amid pessimism over the eurozone’s deteriorating debt crisis, data show. According to the German research institute, Ifo, the country’s Business Climate Index fell to 102.3 points in August from 103.2 points...