ASSESSMENTS
Migration and Remittances in the Eurozone Periphery
May 14, 2013 | 12:05 GMT
PABLO BLAZQUEZ DOMINGUEZ/Getty Images
Summary
One of the main social consequences of Europe's economic crisis is the increasing number of people leaving countries in the eurozone periphery and the decreasing number coming in. Spain, Portugal and Ireland have became net emigration countries, because rising unemployment has pushed foreigners and a growing number of nationals to relocate to other parts of Europe, the Americas and even Africa. As changes in migration patterns influence the flow of remittances, the increase of money sent from abroad is helping families in the eurozone periphery cope with the unemployment crisis.
Proceed to sign up
Register NowAlready have an account?
Sign In