Tuesday, October 26, 2010

Poles based in Ireland repatriate €841m

POLES WORKING in Ireland sent home almost €1 billion last year, which amounts to a fifth of all global transfers of cash back to Poland from overseas workers.

About €841 million in wages earned by Polish long-term and temporary employees in Ireland was sent back in savings or payments to support relatives. This amounts to €4,205 each for the estimated 200,000 Poles who live in the Republic.

Since Poland joined the EU in 2004 enabling Poles to work all across the EU, some $6.42 billion (the National Bank of Poland compiles the statistics in dollars; the figure is €4.58 billion at today’s exchange rate) has been sent back to Poland by workers in Ireland.


1 comment:

Hail Ireland ! said...

And that's just immigrants from Poland, what about all the others ?

It's no wonder our country is on the verge of bankruptcy.