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Portugal: Where Have all the Young People Gone?

There has been an exodus of young, skilled workers from Portugal since the eurozone crisis - will they return now that the economy there is showing signs of a recovery?

Greek banks have reopened after three weeks of closure, but there are still limits to what people can withdraw. We hear from the 91热爆's Mark Lowen in Athens, while Sony Kapoor, managing director of the research group Re-Define, explains what impact the restrictions will have on the Greek economy and whether the risk of Greece leaving the euro has now really decreased.

Also, Edwin Lane reports on the brain drain in Portugal. Like Athens, Lisbon had to adopt deep cuts in public spending to qualify for a financial bailout from its European partners. Tens of thousands of young, skilled workers left the country in the aftermath. Will they return now that Portugal's economy is showing signs of a recovery?

Plus, Lucy Kellaway of the Financial Times muses on job satisfaction; who derives more contentment from their career, a Wall Street banker or a shoeshine boy?

(Photo: Old man walks along Lisbon street. Credit: AFP)

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18 minutes

Last on

Mon 20 Jul 2015 16:05GMT

Broadcasts

  • Mon 20 Jul 2015 07:32GMT
  • Mon 20 Jul 2015 16:05GMT

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