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View Full Version : EU prosperity sends more home



NewsWhore
10-01-2007, 04:40 PM
The current prosperity in the European Union is resulting in increased remittances for the Dominican Republic. According to Diomedes Olivares, the president of the International Federation of Antilles Bar Associations, this year, EUR600 million entered the DR during the first six months and a total of EUR1.5 billion is expected to be sent home for the year. This is the equivalent of RD$60 billion. These funds come from the 250,000 Dominicans who live in Europe, 175,000 of whom live in Spain.

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