Thursday 1 July 2010

E. Europe's migrants and farmilies left behind hit by troubles in richer Western Europe

CHISINAU, Moldova (AP) — Many of Europe's poorest migrant workers are sending less money home — another blow delivered to the continent's east by global economic and financial turmoil.

Probably worst off is Moldova, Europe's poorest country according to the World Bank. There, money sent by people who left to find work made up an astonishing 30 percent of the economy of $6.6 billion (€5.41 billion) just two years ago but fell last year to 22 percent.

The Chicus are a case in point. Like many Moldovans, they realized that they could hardly afford to raise a family from local salaries. Read more

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