Wednesday, September 15, 2010

Young Greeks Seek Options Elsewhere

New York Times
September 14, 2010

In two weeks, Alexandra Mallosi, 29, will be packing her bags and leaving the quiet Athens suburb of Holargos for Abu Dhabi to start a job as a hotel sales manager.

It was not a tough decision. Her experience in the Greek hotel industry had left her frustrated.

“In other countries, young people are encouraged,” Ms. Mallosi said. “In Greece, they are held back.”

Like Ms. Mallosi, an increasing number of young college graduates are leaving Greece as a deepening recession chokes a job market already constrained by an entrenched culture of cronyism. And the outlook for a turnaround is not good.


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