Greek young talent seeks fortune abroad

In the wake of economic gloom, many young fashion designers are now planning to try their luck abroad.

Greece economy

Four years since the global downturn, Greece’s economy remains in deep recession badly affecting the creative industries.

The country managed to secure billions of dollars in bailout packages from international creditors, including EU and IMF, in lieu of the massive austerity measures that resulted in lay-offs and spending cuts.

The unemployment level hovers around 21 per cent, while one of the worst hit has been the youth with more than 50 per cent of them out of work.

In the wake of grim economic outlook, many young fashion designers are now planning to try their luck abroad.

Al Jazeera’s John Psarapoulous reports from Athens.

Source: Al Jazeera