Euro crisis sees more expats look to Moscow move
The Russian capital is becoming a "port in a storm" for expats from the European Union looking for work during the crisis, according to Russia Today.
The website reports that the number of expats applying for job in Russia has tripled since 2010 – most coming from the Eurozone.
The newcomers are not only looking for work in Russia's booming gas and oil industries, but it is also being targeted by increasing numbers of banking and finance sector workers who have lost their jobs as a result of the massive rationalisations which have taken place across the sector in recent years.
Ekaterina Gorokhova, director general of recruitment company Kelly, told the Kommersant newspaper: "Eager to flee crisis-hit Europe, foreign specialists are also becoming less fastidious. Most of them are ready to take not only managing positions, but also second- or third-rank offers with medium salaries.
“They apply for jobs of marketing directors or department heads, [whereas] nine years ago, people came from abroad to manage or develop global business.”
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