[Spiegel Online]
The crisis-hit nations of southern Europe have one booming industry left -- their skilled workers are in high demand in Germany, which has a chronic shortage of qualified labor. German employers in search of nurses and engineers have launched a recruitment drive in Portugal, where over a third of young people are unemployed.
[…] The ongoing economic upswing in Germany has emptied out the job market in many regions of Europe's largest economy. International companies and small to medium-sized businesses alike are desperate to hire engineers, while nursing services and hospitals are also short-staffed. […] But the worse the crisis in Portugal grows, the more popular Germany and its chancellor become. Portugal lived beyond its means for years and ended up requiring a bailout of €78 billion ($104 billion) to date from the International Monetary Fund and the EU. Fully a third of Portuguese people under 25 are unemployed.
[…] Politicians in Lisbon take a pragmatic view, openly encouraging the country's young people to try their luck abroad. […]Now companies such as Continental, Bosch and Volkswagen are specifically approaching Portuguese engineers with the hope of moving them to Germany.
http://www.spiegel.de/international/europe/0,1518,824089,00.html
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