Photographer: Christof Stache/AFP via Getty Images

Schaeuble Warns Schengen Near Collapse as EU Bickers on Refugees

  • German Finance Minister Wolfgang Schaeuble speaks in Brussels
  • Says EU members must step up funding for Syria’s neighbors

German Finance Minister Wolfgang Schaeuble warned the Schengen free-movement area is on the verge of collapse as European Union members bicker over how to cope with a record influx of refugees into the region.

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