"Greece Could Become Silicon Valley of Europe", Economist Kritikos Tells ANA-MPA

"Greece Could Become Silicon Valley of Europe", Economist Kritikos Tells ANA-MPA

"Greece could become the Silicon Valley of Europe", economist Alexandros Kritikos said in an interview with ANA-MPA on the occasion of a conference entitled "Greece after the elections. Reconstruction of Greece, German development ideas for the reconstruction of the Greek economy ", organized by the German-Greek Business Association (DHW) in Berlin
Kritikos estimated that the technology of informatics could develop in Greece along with the startups which in the country are stronger than imagined. They could become, as he said, the primary engine of growth in the future, provided that proper conditions are in place and the excellent human potential is used.
He also proposed the abolition of regulatory interventions in the products markets. Regarding the increasingly worrying "brain drain" experienced in the country and jumpstarting the start-ups sector, he recommended, among others, slashing red-tape, abolishing layers of regulatory laws and a business-friendly tax system.

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