Taking advantage of Europe’s brain drain

FOR decades, Spain and Portugal have lured poor immigrants from their former colonies.

Now, in a historic role reversal, these one-time empire builders are seeing legions of frustrated young people head to old dominions in search of a better life.

Europe’s ruinous debt crisis and job-sapping economic miseries are reshaping migration trends, with a generation of home-grown talent looking for economic rewards on continents once treated with disdain.