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Greece's Brain Drain Has Begun


By Brendan Greeley.

Published by Business Week on May 24, 2012

By the end of 2011, Yanis Varoufakis was a celebrity. The director of the Ph.D. program in economics at the University of Athens, Varoufakis had been arguing for two years that Greece was insolvent and the country should default while staying in the euro region. In late December,

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  2 readers comments

1. Nicholas Kostopoulos
wrote on
May 25, 2012
4:15 PM
This is the beginning of the end for Greece. With no college graduates staying, Greece's drive to becoming a third world or worse country is within site. Congratulations to the present and past members of the ND and Pasok parties , may the Greeks who are left destroy you all, and imprison all of you. You worthless crooks have destroyed Greece, and made it a laughing stock to the world. I think this makes the Japan post-war era much much worse, because at least its citizens wanted to stay and make Japan again a power. When the history of Greece is written, and people ask what become of that country we can say its citizens abandoned it and left. It is no wonder the mess they have now is its own doing.
2. Niko Seretis
wrote on
May 25, 2012
11:22 PM
Just because they say they'll leave doesn't mean they will Nicholas. They first need a place to go to. That doesn't guarantee them a job either if they do leave It's not like Europe is thriving right now either or has a shortage of professionals. The US isn't taking in any European immigrants unless they are Muslims which Obama prefers. The politiicians ruined Greece and its citizens allowed it by treating them like celebrities. The media is as much to blame as well.
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