Romanians working abroad in 2010 sent over 4.5bn dollars (3.4bneuros) back home, slightly down, however, from 4.9bn dollars (3.5bneuros) in the previous year, according to the calculationspresented by MoneyGram, one of the main players in money transferbusiness globally, on the basis of World Bank data.
"The decline in sums sent to Romania slowed down in 2010.Remittances from the United Kingdom, Spain and Italy have startedpicking up," says Radu Pojoga, a manager with MoneyGram in chargewith the development of Romanian and Bulgarian operations. 2009 hadmarked a steep drop in funds, to almost half the 9.3bn dollar peakhit in 2008.
According to Money data, the main channels through which moneyis flowing in Romania are from Italy (with 36% of sums), Spain(34%) and UK (14%).
MoneyGram data are similar with those calculated by the NBR,which last year registered foreign currency inflows from currenttransfers (excluding public administration operations, where EUfunds are also reflected) of 3.8bn euros.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
