European migrant crisis might have something to disrupt the markets.
What is migrant crisis?
- In recent months thousands of migrants from Middle East, Afghanistan and Africa are pouring into Europe, benefiting from illegal trafficking groups via boats, many of which are getting drowned. Many of the migrants are getting arrested and many are now living in inhuman conditions throughout Europe.
- Many of the migrants have come to Greece and now staying in confinements of city parks, which has one of the worst living conditions for human.
- Many of the migrants are even trying illegally to slip into prosperous European countries such as France, Germany and UK.
It won't be long enough, when European leaders will have to seek out this migrant issue.
- Euro tunnel SE that operates channel tunnel between France and Britain reported close 40,000 migrant tried illegally to slip into Britain. There has been one reported death of a migrant.
While focusing to tackle this migrant issue, UK is likely to focus on the issue of European migration, which has remained corner stone of UK's negotiation with rest of European Union (EU).
Britain might choose the exit path from EU through a referendum by 2017, if its demands which also includes protection of London from EU regulations and taxes are not dealt with satisfactorily.
An exit of Britain from EU has large not only economic but geo-political implications.