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brain drain

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...

Starting Greek Professionals Will Have to Repay Discounted Security Contributions Retroactively

A circular of the new single security fund (EFKA) says that starting Greek professionals will pay discounted contributions for the first five years, but will have to repay them retroactively plus interest. This comes after a promise by Prime Minister...

Greece's 'Brains' who Emigrated Ask for Meritocracy to Return

"I would return to Greece if..." was the crucial question that the Brain Gain initiative posed to Greek professionals and scientists who fled the country to seek employment and a better future abroad. Brain Gain is an initiative of Greek professionals...

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...

SNF Presents the Greek Diaspora Fellowship Program

(Photo by The National Herald) Representatives of Greek universities gathered on Monday at the Stavros Niarchos Foundation Cultural Center for the presentation of the Greek Diaspora Fellowship Program (GDFP). The aim of the program is to stop the continuing brain drain...

Greek Universities Open Doors for European Researchers' Night

European Researchers' Night took place on the last Friday of September for the eleventh year. The annual event celebrating science and research across Europe had a total of 1,500,000 visitors in 300 European cities. In Greece, universities and research...

5 Losses Spinning Greece on a Downward Spiral

Austerity measures implemented in Greece as part of its long haul towards redemption have caused social and economic upheaval in the country. Regardless of the cause of the crisis, here are the results of the belt-tightening since 2009 in...

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...

Greece Gets its First Research Agency

Greece is to establish the first research agency, the Hellenic Foundation for Research and Innovation (HFRI), with a loan from the European Investment Bank. Athens has received a loan of 180 million euros from EIB to boost scientific research in...

BrainGain Reminds that the Vote of Greeks Living Abroad Is Forgotten Again

The much-advertised proposal for a new electoral law the SYRIZA-ANEL government has tabled in parliament left out the vote of Greeks living abroad. The right to vote of Greeks who left the country and they might want to return...