About: remittances
El Salvador leads the world into cryptocurrency, adopting bitcoin as legal tender
El Salvador became the first country in the world to adopt bitcoin as legal tender, a real-world experiment proponents say will lower commission costs for billions of dollars sent home from abroad but which critics warned may fuel money laundering.
Bozhidar Danev: Part of Bulgaria’s fuel sector lies in the grey economy
Unusually low fuel prices in Bulgaria are probably the result of cartels, or contraband, Bozhidar Danev told EURACTIV.com in an exclusive interview, saying the authorities have so far been unable or unwilling to address the issue.
Money from Europe a lifeline for Nigerian families
Grace and Sunday Otoide's house is the last one standing on Bata Road in Benin City, southern Nigeria. All the neighbours have left and the retired couple hope to do the same.
Western Union quizzed by EU on money transfer activities
US money transfer services provider Western Union has been questioned by antitrust regulators over its activities in Europe, focusing on whether agreements with its agents are anti-competitive.