Brain Gain: Returning Greeks Drive Innovation and Growth in IT and Key Sectors

The repatriation of Greeks who left the country during the economic crisis, known as the “Brain Gain,” is dynamically reshaping the Greek market, with the field of information technology standing out as a top attraction.

The phenomenon of “brain drain” was prevalent in the country during the economic crisis, pushing thousands of young Greeks abroad in search of better opportunities and jobs.

According to new data, not only has this wave of emigration slowed down, but a reverse trend has emerged marking the return of those who had previously left.

Research by the National Documentation Center highlights the economic benefits of the return of highly skilled professionals, noting that the three out of four report that their experience abroad has made them more competitive. They now apply the knowledge and skills they gained abroad to their current jobs in Greece.

New technologies and the IT sector offer innovative job roles and competitive packages, encouraging more Greek professionals to leave their positions abroad and invest their skills in Greece. This sector, fuels domestic growth and creates opportunities for a robust, modern digital economy.

Returning to Greece seems to have overall strengthened the Greek economy, further contributing to its development.

The main employment sectors for returnees are as follows: New Technologies – IT (10%), Construction (11%), Education (10%), Consulting Services (7%), Health (7%), Wholesale – Retail Trade (6%), and Tourism (6%).

The majority of the returning workforce (46%) is employed in Greek businesses and organizations, while 21% are self-employed or freelancers. Seven percent work remotely for a company or organization abroad.

In terms of monthly earnings, 44% receive salaries exceeding 1,500 euros, with 27% earning between 1,501 and 3,000 euros, and a 17% earning over 3,001euros.

The profile of the returnees to Greece reveals that 67.6% have families, and 52% have children.

Their professional profile indicates that 50% work in the private sector, 26% have started entrepreneurial activities, while only 11% are employed in the public sector.

This wave of returnees is reshaping Greece’s workforce, injecting new skills, expertise, and a global outlook into the economy, particularly in high-growth sectors like IT and digital technology.

Source: tovima.com