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The Greek brain drain

brussels bureau

The Greek brain drain


Euronews has travelled to Sweden to meet Greek expatriates, who quit their homeland in search of a better life.

The latest estimates say 1.4 million Greeks have taken that path over the past three years, as the country’s economy struggled under the weight of IMF-backed austerity.

They are trying their luck in Germany, England, Belgium, Switzerland and Sweden.

In 2012, 2,254 Greeks settled in Sweden. That’s just over 45 percent more than the previous year.

Greek professionals are attracted by higher wages and greater job security.

But academics say this brain drain is bad news for struggling southern European countries.

Euronews’ Efi Koutsokosta went to the Swedish city of Gothenburg to find out how new members of the Greek diaspora were adapting to their new surroundings.

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