Sweden - Southeast Europe News Site

Sweden - Southeast Europe News Site


to the news site of the Chamber of Commerce for Sweden - Southeast Europe in cooperation with Business Sweden and Governments and Organisations in SEE.

Money from emigrants play central role in Moldova´s economy

MoldovaPosted by Chambers of Commerce Sweden - Southeast Europe Sun, November 08, 2009 16:03:01

The new western-leaning government in Moldova faces many challenges in the southern European country. Increasing parts of the population are leaving in search of a better life. However, migration has developed into a central economic factor for Moldova. Last year, emigrants from Moldova transferred $2 billion to their home country, according to the International Organization for Migration (IOM). This was more than the entire national budget, IOM said. Read the whole article from Deutsche Welle here.

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