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Greece: Brain drain as 120,000 professionals leave amid crisis

22 April 2013
Greek demonstrators
Greece's sky-high unemployment and shrinking economy are leading to significant brain drain, a new study has found. The number of young scientists leaving Greece has become very high, as more professionals abandon their homeland for better opportunities abroad. According to the study, the number of young scientists who emigrate has reached 10 percent of the country’s potential.

More than 120,000 professionals have left Greece since the start of the country's financial crisis in 2010, according to a recent study by the University of Thessaloniki.

Doctors, engineers, IT professionals and scientists have found it increasingly difficult to find work amid deep cuts to funding of health care and other publicly supported sectors.

Greece has the highest unemployment rate in the European Union, at just over 26 percent. Its economy is in its sixth consecutive year of negative growth, partially the function of deep austerity measures that have been demanded by the country's main lenders.

 

Source: Spiegel online international

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