Greece tries to reverse Brain Drain

The Greek Government is asking talented young people who left the country during the financial crisis to return to the country.

To encourage them to do so, the authorities have launched a wage subsidy scheme called Rebrain Greece that offers 500 of those deemed the brightest and best a monthly salary of €3,000 (before tax) if they return to Greece as part of the project. The labor ministry will cover 70 percent of the cost.

“This is a first effort by the Greek state, which seeks to create the conditions for a gradual return,” said Konstantinos Agrapidas, a senior figure in the labor ministry who is overseeing the program.

The scheme started last April as a way to reverse the brain drain and was deemed so important that not even a change of government after July’s election could derail it.

Via POLITICO