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Portugal Sees No Threat to Schengen From Ceuta Migrant Surge

Source: Bloomberg

Geopolitics & WarElections & Domestic Politics

Portugal’s foreign minister said the migrant surge into Spain’s exclave of Ceuta this summer does not threaten the EU’s free-travel zone. The message is broadly reassuring for cross-border mobility, but the development is more geopolitical than directly economic, implying limited immediate market impact.

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