Western Union, an American financial service and communications company has resumed its services on Tuesday in Greece after it suspended operations in the European country as a result of the financial crisis.
Western Union shut down operations in the region because it had not seen a significant increase in outflows in the two months to June 27 but had seen a rise in funds being moved into the country.
Speaking at the 20th anniversary celebrations of Western Union’s operations in Africa, The President of Western Union Africa, Middle East, Asia Pacific, Eastern Europe and CIS, Mr. Jean Claude Farah expressed the commitment of his outfit to ensure that they continually provide their services to the Greeks as long as they are permitted.
“In Greece, when banks stopped, we stopped like anyone else but when things opened up, we were the first financial institution to bring money back into the country.
Jean Claude Farah also says that the Western Union has been pumping physical cash into Greece to ensure its continuous economic growth.
“We shipped physical Euros into the country under the blessing of the Central Bank in Greece. One of our biggest agents flew in money from Cyprus to Greece and we shall continue to do that to boost the economy of Greece”, he remarked.
By: Ivy Antwi/citifmonline.com/Ghana