Why young Greek women leave and why they come back

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ICAP, a leading business consultancy group in Southeast Europe conducted a survey in order to determine why young Greek women decide to leave the country and what it would take for them to return. The phenomenon has been quite pronounced in the last five years, depriving the country of talented and well-trained female personnel, resulting in the so called “brain drain.” The main factors that would contribute to their return, according to the findings of the survey, are the climate and the Greek lifestyle (46 percent), the likelihood of a rewarding remuneration at work (41 percent), t

Mother of Greek ex-minister withdrew $178,000 before capital controls

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The 85-year-old mother of Nadia Valavani, former Greek deputy finance minister from the ruling Syriza party, admitted that she withdrew 200,000 euros ($178,000) from her bank account in Crete on the eve of the imposition of capital controls in the country. “The money was my life savings, I was scared and I took it home,” she said in an interview. After the revelation, many raised political and moral issues after connecting the the two events, accusing the former deputy of fraud.