Migrants sent €32 bn to their former country of residence in 2008


From The Times of Malta-Thursday, 11th February 2010 – 11:50CET

Migrants sent €32 bn to their former country of residence in 2008, according to an EU report, published today.

In a report on workers’ remittances in the EU 27, Eurostat said the increase in workers’ remittances over recent years was mainly due to a sharp rise in extra-EU27 flows (from 11.5 bn in 2004 to 22.5 bn in 2008), while intra-EU27 flows rose less rapidly (from 7.9 bn to 9.3 bn). Consequently, the share of extra-EU27 remittances in the total has risen from 59% in 2004 to 71% in 2008.

In 2008, two thirds of the total outflow of workers’ remittances from the EU27 came from Spain (7.8 bn euro or 25% of total EU27 remittances), Italy (6.4 bn or 20%), France (3.4 bn or 11%) and Germany (3.1 bn or 10%).

No figures for Malta were given.

* The EU27 aggregate includes confidential data and estimates for missing Member States
For the full table on contributions from member states please visit – http://www.timesofmalta.com/articles/view/20100211/local/migrants-sent-32-bn-to-their-former-country-of-residence-in-2008

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~ by medipmalta on February 11, 2010.

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