Elation from who exactly? I suspect not from the Germans. Especially the German taxpayers.
I live over here in Germany...in the state of Hessen. Last week....the state budget guy finally came out and said he needs one billion Euro (1.3 billion dollars), for all refugee support for 2016. Naturally....they want the German federal gov’t out of Berlin to cover this cost item (which isn’t guaranteed). Increased taxes? It’s almost impossible to put any more taxes onto the German public...so they’d have to cut infrastructure costs or trim the budget on other thing...or borrow the money.