Analysis of News relating to the Digital Money Ecosystem

Georgia receives $115m in remittances in May 2017 - Agenda.ge

15/06/2017 Link to source

Georgia receives $115m in remittances in May 2017 Georgia received 24.2 percent more in remittances in May of 2017 than the same time period last year. The majority of remittances came from Russia, the United States and Greece. Last month Georgia received $37.8 million in remittances from Russia, $12 ...

Context

	Georgia Georgia is a sovereign state in the Caucasus region of Eurasia, located at the crossroads of Western Asia and Eastern Europe.
	Greece The Hellenic Republic is a country in Southeast Europe. Greece is located at the crossroads of Europe, Asia and Africa and has land borders with Albania, the Republic of Macedonia and Bulgaria to the north, and Turkey to the northeast.
	Russian Federation Russia possesses one of the largest telecoms markets in the world due to its sizeable population. Like much of Russia's economy, the telecoms sector is developing, with total revenue growing by 2.7% during 2009 to reach RUB1.3 trillion.
	USA The United States of America is a federal constitutional republic consisting of fifty states and a federal district.
	International Money Transfer This category refers to the provision of international money transfer services.

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