Friday, 22 November 2024

Portugal Brain Drain: Young Professionals Flee Stagnating Economy

Nov 17, 2024 | A stagnant economy and spiraling cost of living in Portugal are forcing a generation of young people to seek opportunities elsewhere - a brain drain that costs the economy billions of dollars in lost revenue.

The government's planning generous tax breaks for young people to encourage them to stay. But even that might not be enough.

Al Jazeera’s Jonah Hull reports from Lisbon, Portugal.