FT: Greece brain drain hampers economic recovery
The article notes that 350,000 – 400,000 Greeks, most in their 20’s and 30’s, emigrated mainly to EU countries since 2010
A Financial Times feature on Greece’s huge brain drain during the economic crisis confirms that most of those who left do not intend to return.
It poses the question whether skilled Greeks abroad will return to help boost the country’s growth potential.
«According to an EU survey carried out last year in London and the Netherlands, fewer than 10 per cent of Greek migrants planned to return in the next three years and only 20 per cent wanted to do so in the longer term,» FT reported.
The article notes that 350,000 – 400,000 Greeks, most in their 20’s and 30’s, emigrated mainly to EU countries since 2010.
A large segment of those who emigrated were professionals in medicine, engineering and IT.
George Patoulis, the president of the Athens medical association, told FT that more than 18,000 doctors, both new graduates and experienced specialists, emigrated during the crisis, and that the health service has a shortfall of 8,000 doctors.
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