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Greece

Study Finds Brain Drain is the Biggest Worry of Greeks and Other Europeans

A survey conducted recently by YouGov for the European Council on Foreign Relations shows that the nations of Southern and Eastern Europe worry more about emigration than immigration. The trend of millions of young, educated people leaving Southern and Eastern...

Experts at Delphi Forum Say Greece Needs to Reverse Brain Drain, Lower Taxes

Renowned experts from around the world debated on the subject of the competitiveness of the Greek economy on Saturday at the Delphi Economic Forum. Deborah Wince-Smith, President and CEO of the Global Federation of Competitiveness Councils, Nicholas Logothetis the Co-Founder...

Brain Drain Leaves Greece's Hospitals Without Doctors, Unions Say

The alarming numbers at which young Greek doctors leave the country is noted in an open letter of the Union of Doctors in Athens' and Piraeus' hospitals. The numerous cuts implemented on the budgets of hospitals over the past years,...

FT: Greece's Brain Drain Hampering Recovery from Economic Crisis

The brain drain in Greece would make it very difficult for the country to recover from the economic crisis and return to normalcy, a Financial Times report has claimed. Greece may be ready to exit the third bailout program on...

Greek Company Offers Incentive to Reverse Brain Drain

A Greek start-up company is offering a repatriation bonus of €5,000 to €10,000 for Greeks wishing to return to their home country to work at its headquarters. Transifex's Chief Executive Officer Dimitris Glezos says that this initiative is more than...

Greek Professor who Solved "Nash Puzzle" Sad over Brain Drain

Constantinos Daskalakis said that he is saddened by the fact that young, educated, talented Greeks leave the country, because they can not advance or even find work in Greece. The Greek scientific genius spoke in front of a packed auditorium...

Brain Drain Reversed as British Teacher Quits to Work in Greece

A 22-year old British teacher has made headlines for deciding to quit his job in England and go to Greece to work at a luxurious holiday resort. Eddie Ledsham became viral when he posted online a short video of himself,...

Brain Drain Gathers Pace as One in Three Greeks Looks for a Job Abroad

A new study highlights the problem in the Greek labor market as more than 30% of Greek unemployed say that they are actively seeking a job abroad. According to the annual survey by the firm Adecco titled "Employability in Greece,"...

Brain Drain: 450,000 Greeks Left the Country in Past 8 Years

Almost 450,000 Greeks left the country in the 2008-2016 period, depriving Greece of brain power while at the same time contributing to the aging of the population. The figures were presented on Tuesday, during the American-Hellenic Chamber of Commerce...

Brain Drain Costs Greece €9.1 Bln in Lost Tax Revenues Annually

The loss of Greece's brilliant minds who emigrate abroad for work "costs" the country 9.1 billion euros per year in lost tax revenues, says a McKinsey & Company survey. The ongoing brain drain that started after the onset of the...

Greece Lost €50 Billion from Brain Drain

The Greek economy has lost 50 billion euros from scientists and professionals who left Greece to seek work abroad since the onset of the economic crisis, a study says. The study was conducted by Endeavor Greece, the Greek branch of an...

Brain Drain: Three in Four University Graduates Have Left Greece

In the so-called Greek brain drain an estimated three out of every four Greek university graduates have left their place of birth over the past six years in a search for better job prospects and opportunities that aren't available...

Greek Scientist in California Explains Factors Fueling Brain Drain in Greece

A new opinion piece, entitled "Free Greek science from political hampering," was published in EuroScientist, the official publication of the EuroScience non-profit association of researchers in Europe, by SciencePOD on Monday, October 5, 2015, urging the Greek political class to support...

Greece's Biggest Brain Drain Since the Time of Socrates

Greece is losing its priceless human capital as the economic crisis continues, which is leading to the biggest brain drain in history since the time of Socrates, according to a Market Watch report. The country's brightest workforce is leaving to...

Brain Drain the Real Greek Tragedy

The real tragedy in Greece is that an estimated 160,000 to 180,000 university graduates have left the country since the start of the economic crisis five years ago, says an CNBC report. The figures are based on a study by...