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Migrant remittances sent to Albania record seven-year low

Δημοσίευση 16 Ιουνίου 2011, 10:32 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Migrant remittances sent to Albania record seven-year low
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Remittances sent to Albania by Albanian nationals living and working abroad recorded a seven-year low in 2010, reaching 690 million euros down 12 pct, compared with 2009 (781 million euros), according to updated figures released recently by the Bank of Albania.
Remittances sent to Albania by Albanian nationals living and working abroad recorded a seven-year low in 2010, reaching 690 million euros down 12 pct, compared with 2009 (781 million euros), according to updated figures released recently by the Bank of Albania.
The downward trend is expected to continue in 2011.
The decline is attributed, amongst others, to the repatriation of Albanians as a result of the economic crisis in neighbouring countries, like Greece, according to a Greek embassy in Tirana document.