First street protest of Bundesbank

Employees of the German Central Bank - Bundesbank, in Frankfurt today participated in the first street protest in the history of the bank caused by plans to shut nearly half of its branches, officials said. Last month by the Bundesbank announced that they intend to close 14 of its 47 branches by 2012 and another 9 by 2015 plans affect cities like Dresden, Bremen and Aachen is expected close to 300 jobs and transfer other 500 employees . Final decision on the bank will take in December. In June in Frankfurt came a street protest employees other central banks - the European. Moreover Bundesbank was shaken by another scandal. Today a member of the board of directors of the bank - Tilon Saracens, was relieved of some of its key responsibilities because of his controversial comments regarding Arabs and Turks living in Berlin. 64-year-old Saracen is quoted as stating to the magazine Lettre International, that Muslims living in Berlin at the back of the state. He also called for measures to curb immigration. According to him, a large number of Arabs and Turks in the German capital "are not production functions than to sell fruit and vegetables. By Saracen Bundesbank decided to no longer be responsible for the money in circulation. Thus it remains only charged with the responsibility for information technology and risk control in the bank. Against Saracen are indicted in Berlin, including incitement to racial hatred. He apologized for the comments, but ignored demands to resign.

Reduces the migration of workers, 60% fewer Bulgarians go to Spain

World recession is a distinct effect on the migration of workers, shows report of the independent Migration Policy Institute, commissioned by the BBC. Fewer people go to work abroad, while those who have already departed, in most cases stay where they are. Moreover, the overall money that immigrants send to their families, are declining. The number of Mexicans who go to work in the United States has fallen sharply - by 40 percent since 2006. The decline is even greater in the case of Romanians and Bulgarians, departing for Spain - with 60 percent, the report said. Immigrants are at greater risk of losing their jobs to local workers, especially given that immigrants are often employed in sectors exposed to the shock in the recession, as construction and tourism. With respect to sending money home, in the case of Turkey, for example decreased by 43% from 2008, a survey suggests. Moldova for a 37% reduction is especially severe because these vehicles are equal to one third of the national income of the country. However, some countries including Pakistan and Bangladesh, which reported growth of money sent home by immigrants. Despite a decline in income faced by many immigrants, in most cases not seen a mass return to their home countries, the report outlines another trend. This may be due to the fact that many immigrants to the economic conditions at home are even worse for them would be difficult and expensive to return later in the country in which they worked. This is particularly about illegal immigrants. However, and this trend has some exceptions. Many immigrants in Britain and Ireland from Central and Eastern Europe are returning to their home countries, where economic conditions are deteriorating so severely. For their decision to return and contribute to the fact that as EU citizens, they can legally be returned later in the country where they worked.