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Greece: EU's Third Worst in Education Spending

education Negative data recorded in the report of the EU’s Observatory for Education and Training included: significant reduction in the dispenses for education, high rates of school dropouts for foreign students (outside EU); negative records of graduate employment; not promoting youth entrepreneurship at school; a demographic problem, and one of the last places regarded for lifelong learning.
The positive news is that the number of school dropouts was reduced throughout Europe, reaching 11.4 (eleventh position for Greece). In addition, the number of  young people who learn foreign languages was also raised along with the number of the age group of 30-34 who go to university (tertiary education).
In Greece, spending in education is being continuously reduced, as was proven by a recent EU report. Our country is third from the bottom regarding public spending in education in terms of GDP. Other countries of the Balkans, Bulgaria and Romania, are in the two lowest positions. In contrast, Danish and Cypriots dispose the most money in education.
Regarding the decrease in public spending, this reached 4.4 percent for the years 2010 to 2011. This is the fourth largest decrease in a total of 28 countries. A champion in this field is another country in crisis, Portugal, where the reduction amounts to 11.3 percent. Slovakia and Hungary follow in second with 5.2 percent and 4.7 percent respectively.
The report also contains important information regarding the number of children who abandon schools. In Greece the percentage of dropouts amounts to 11.4 percent and is a little below the average of the 28 EU countries which stands at 12.7 percent. Boys abandon school at a percentage of 13.7 percent while a 9.1 percent of girls abandon school in EU.
Another aspect of the survey, based on data released by the Hellenic Statistical Authority (ELSTAT) reveals the intense demographic problem in Greece. According to the report, in 2020 the population of the age group from 0 to 5 years old in Greece will be decreased by 7.4 percent. Only Romania, Bulgaria, Ireland and Spain have larger percentages than Greece on this issue. In 2020, a decrease will also take place  in the age group from 15 to 34 years old in Greece, while the only age group which will see its numbers increased will be that of 5-14 years old (by 5.4 percent).

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