Fortune: Greek, Italian Executives Flock to Leave Countries Read more: Fortune: Greek, Italian Executives Flock to Leave Countries Important: Can you afford to Retire? Shocking Poll Results
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Greek and Italian executives in search of employment are scrambling to leave their countries.
One Hour Translation, an online-translation service firm based in Cyprus, says the volume of resumes it has translated in 2011 from Greece and Italy jumped by 29 percent and 54 percent, respectively, according to Fortune magazine.
Most asked their resumes to be translated into German or English, since Germany and the United Kingdom are more prosperous.
“From Q3 through today, we've noticed a sizable leap in the number of resumes coming from Italian and Greek customers," said Ofer Shoshan, CEO of One Hour Translation, in a statement.
The translation firm sees a clear link between the large increase in Italians and Greeks seeking work abroad and their countries’ debt-to-GDP ratios. Italy's debt-to-GDP ratio is mired at 125 percent, while Greece's is more than 160 percent.
Read more: Fortune: Greek, Italian Executives Flock to Leave Countries
Important: Can you afford to Retire? Shocking Poll Results
