Interview with German Finance Minister Schäuble 'We Are Running Out of Time for Refugee Solutions'

Thus far, Europe has failed to agree on a joint approach to the refugee crisis. In an interview in Davos, Germany's finance minister warns that time is running out. If Schengen collapses, he warns, the European Union is in trouble.
German Finance Minister Wolfgang Schäuble says that Europe needs to invest as much money as possible as quickly as it can in the Middle East and North Africa to slow migration.

German Finance Minister Wolfgang Schäuble says that Europe needs to invest as much money as possible as quickly as it can in the Middle East and North Africa to slow migration.

Foto: RUBEN SPRICH/ REUTERS