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The battle between European blue card and American green card
The question now is green more green than the bluest of the blue? Both are work permits but which is more green? That depends on the economy!
For generations of Indians, the colour of hope has been green; the US green card being the most coveted ticket to a better life. But the European Union (EU) is now attempting to tint the immigrant dream another hue, by introducing its own version of the American work permit: the blue card.
India's brightest brain still is hypnotized by the American green card. But how green can that green be if the economy does not have jobs and opportunities?
In May this year, the Council of the EU officially adopted the Blue Card Directive, which participating member states now have two years to put into practice. The scheme is the end product of much hand-wringing in Europe as its population ages and economy stagnates.
The German economy, EU's main hub is several times more prosperous than that of US. That makes a big damper for the US Green card in the current economic environment. At the same token, other than the German economy, rest of Europe is very dependent on American economy. American economy is dragging down the rest of Europe.
Highly-qualified foreign workers make up only 1.7 per cent of the employed population within the EU, but the equivalent figure for Australia is nearly 10 per cent, over seven per cent in Canada and 3.2 per cent in the US. And it’s not as if Europe does not need these immigrants.
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