EU – Baltic States, Financial Services, Latvia

International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 12:25

Compatriots working abroad sent back almost EUR 600 mln to Latvia in 2014

BC, Riga, 02.03.2015.Print version
Those former Latvian residents, who live and work abroad, sent back EUR 594.78 million to Latvia last year, according to Bank of Latvian calculations, cites LETA.

In 2013, former Latvian residents who work abroad sent back EUR 574.29 million.

 

According to the central bank, it has been calculated that approximately one-third of compatriots working abroad are supporting family, children or loved ones back in Latvia.






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