Thursday, August 7, 2008

Poles send home close to €2bn of our money

POLISH workers here are expected to send more money home than ever this year despite the economic downturn, with some commentators believing it will top €2bn.

Last year, Poles sent €1.33bn home from Ireland, according to the Polish Central Bank, NBP. But the bank estimates the figure this year will reach €1.87bn -- despite anecdotal evidence that Eastern European workers are leaving Ireland because of a fall-off in jobs, especially in the construction sector.

However, the actual figure may be higher. Two-thirds of Poles in Ireland send money home, but just 46pc use a bank account to do so. Others use specialist transfer firms such as Western union, or take it home on flights themselves.

1 comment:

Hail Ireland ! said...

What about all the rest of the immigrants, how much are they stealing ?