Thursday, 16 September 2010

Romanian emigrants’ remittances – potential engine for economic rebound

According to a recent article in the Romanian media, Romania is among the top ten countries in the world to benefit from remittances. The International Agency for Source Country Information (IASCI), an Austrian non-governmental organization, has been conducting a project with the Soros Foundation focusing on the impact of migration on financial investments in Romania – the first study of this kind to be developed in a European Union country. The project, which will be finalized in November, aims to highlight the extent of Romanian migrants’ remittances and their impact on the development of their home country. Read more


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