In pandemic e-work, Greece sees chance to reverse brain drain

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The pandemic was a wakeup call that reminded Christophoros Xenos of what he misses most in London — the Greek sun and pleasant Mediterranean way of life. | AFP

“I worked for three months from Athens and the Greek islands and really enjoyed the weather, the quality of life, the return to the homeland,” he told AFP.

“Open offices, set up new companies or move part of your businesses to Greece. We have the sun, the technology, and we are by your side,” he said. Around 90 percent of those who left were college graduates and 64 percent held a postgraduate degree, according to a survey by consulting firm ICAP.The government offers a hefty tax incentive to those who move back to Greece from abroad — a 50 percent exemption on income earned here for the next seven years.

However, there are other major issues that need to be tackled: low salaries, state bureaucracy and internet bandwidth that is both slow and expensive. “Incredible things are happening in Greece, the country lacks neither in brains nor in capabilities,” said Ioanna Mourkioti, a 29-year-old biology PhD student.Mourkioti worked on a team that managed to create a rapid Covid-19 antigen test. They hope that a Greek company will soon move ahead with mass production, allowing Greece to become more independent in testing.

 

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