27 April 2013

ROMANIA / BULGARIA : Eastern Europe Tech Talent...Blossoms; Brain Drain Feared.


    There's a bright spot in Eastern Europe for the EU's 2 poorest EU members.
    Tech talent.
    Not just those dreaded...universally hated hackers...but bright young programmers...now sought by many multinationals.
     Since 2007...IT in Romania is up by 45%...and up by 80% in Bulgaria...far outpacing other former communist nations...which only grew by about 20%.
    But plenty of hackers there still sow fear...and big online losses.
    Romanian hackers pilfered an estimated $1 billion from USA accounts in 2012...and trail only China in hacking attacks.
http://www.reuters.com/article/2013/04/26/us-balkans-technology-idUSBRE93P0N820130426