• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Hungarians working abroad send home less moneyHungarians working abroad send home less moneyHungarians working abroad send home less moneyHungarians working abroad send home less money
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • Hungarian government continues sacking hundreds of high-ranking military officers

Support us
Daily News Daily News · 19/08/2016
· Business

Hungarians working abroad send home less money

economy Hungarians abroad
corruption money euro

Budapest, August 19 (MTI) – Hungarians working abroad permanently or temporarily sent home less money last year than in the previous year, business daily Világgazdaság said on Friday citing World Bank figures.

According to preliminary data, Hungarians working abroad transferred 4.2 billion dollars to Hungary last year, the majority of which probably went to family members or for loan repayments.

The total transfer was 450 million dollars less than in 2014, the paper said. Last time the income of Hungarians working abroad decreased was at the start of the global economic crisis, it added.

Button

Last year saw a drop in transfers not only by Hungarians working abroad but by all workers from developing countries who worked abroad.

Source: MTI

economy Hungarians abroad
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Slovak foreing minister causes outrage in Hungary
  • Hungarian police contingent travel to Serbia
  • What does the future hold for the Hungarian forint? Analysts answer
  • PHOTOS, VIDEO: Hungarian rescue team in Türkiye already saved many lives and work 24/7
  • What happened today in Hungary? – 8 February, 2023
  • Fuel prices to decrease again in Hungary from Friday
  • Here are the localities where the air quality is deteriorating
  • Hungarian government continues sacking hundreds of high-ranking military officers

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V