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The World of Economics Explained: What is the Schengen Agreement?
The World of Economics Explained: What is the Schengen Agreement?

The World of Economics Explained: What is the Schengen Agreement?

2 min • Politics & World Affairs, Business & Technology • 2018

Signed in 1985 in a small town in Luxembourg, the Schengen Agreement is a guarantor for borderless traveling and unrestricted traffic in Europe. But the huge influx of refugees into Europe could become a big problem for this agreement.

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