What`s fuelling Athens` burgeoning startup scene?
(The Guardian Greece)

A growing number of tech entrepreneurs are breathing new life into the Greek capitalOn the surface, Athens doesn´t seem like the best place to start a business. Since the country´s financial crisis almost a decade ago, about one in five small businesses have folded and unemployment levels still hover around 20%.However, the local startup scene is enjoying some surprising successes, fuelled by a talented and ambitious young workforce who have found themselves unable to rely on traditional employment routes. These include recruitment software company Workable, which has raised more than EUR29m (£25.5m) in local and international funding, and ride-hailing app Taxibeat, which was sold to automotive company Daimler for an undisclosed amount last year. Related: Greece relaxes capital controls to prove worst of turmoil is over Related: Who´d be young and Greek? Searching for a future after the debt crisis 75% of Greek company founders are residents of other countries Related: `Tourism is our lifejacket`: debt-stricken Greece gets record number of visitors Continue reading...