ANASI Teuta - The shrinking remittances from Albanian migrants and the special Greek case The shrinking remittances from Albanian migrants and the special Greek case
Keywords:
Savings, Migrants, Remittance, Statistics, National economyAbstract
Abstract
Remittances from our migrants abroad are still of great importance to Albanian economy. Our migrants facing
Greek economic crises is a case at issue. ILO data show they are facing job losses, less working days per
month and even loss of social benefits which in turn affect their status as legal emigrants.
This study shows how their remittances to their families in Albania are shrinking fast. Special attention is paid to
the fact of some of them evaluating a return in Albania to open a private activity with their meager savings
instead of just surviving in Greece.
Shrinking remittances and personal savings of the migrants as an additional source of investments in Albania
constitute the main target of this paper. Through statistics, interviews, facts and figures we illustrate one of the
aspects of the influence of the Albanian migrants plight on our national economy.