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Greece, Argentina and India are the fastest improving business environments

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Re: Greece, Argentina and India are the fastest improving business environments

#11
post #4

Argentina?

Some neoconservative politician roleplaying as an anarchist reached the country's top office. He's privatising everything on a speedrun, weakening all labour regulations, waging an economic war against China, the country's top economic partner, and promised he would forfeit the country's currency to the Americans by switching to dollars. So ig for foreign investors its now or never to plunder what's left of Argentina.

Re: Greece, Argentina and India are the fastest improving business environments

#12

Earlier quoted context omitted.

It's all relative. I speak to my Greek friends and family, mostly outside of tech, and the sentiment isn't yet as positive as the macro numbers in articles like this indicate. As a diaspora Greek, it's positive news, but it seems this all hasn't "trickled down" to citizens' day to day lives as much. It does give some hope for those who left for economic reasons, and there are even groups out there to encourage a retu…

> It's all relative. Exactly. Like, what was the outlook ten years ago? Possible exit from EU and euro, state bankruptcy, economic and political collapse. The stability and slow economic improvement might be a bad result for many countries, but for Greece it's IMHO a good result (for me, better than expected).

Indeed.

If you're still on X, or subscribe to newsletters, I can recommend The Greek Analyst[0]. He follows a lot of macro trends for Greece and makes an active effort to be a positive voice in the sea of Greek pessimism, including results like these "great result in relative context" pieces.

[0] https://twitter.com/GreekAnalyst

Re: Greece, Argentina and India are the fastest improving business environments

#13

I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…

Speaking of bias, I would rather see that as well in Thessaloniki.

And better remote working conditions could be a way to diversify the islands economy beyond Summers.

Re: Greece, Argentina and India are the fastest improving business environments

#16
post #14

After all, Argentina has sold a lot of state-owned enterprises this year. Having so much one-time income will definitely make the economy look better. As for the future, who cares? https://www.worldoil.com/news/2024/2/8/argentina-plans-sweep...

They can just nationalize it in the next election cycle.

Re: Greece, Argentina and India are the fastest improving business environments

#17
I am surprised to see Germany so high. Germany is a hostile place to start a company, especially if you are not German, not least because there is the issue of a very harsh and inflexible exit tax. Should you decide to leave Germany, even temporarily, you will be faced with a tax of around 30% of the current valuation of your worldwide holdings in companies. The rules for this became even harsher in 2021. I have obviously simplified everything for the sake of clarity but currently lawyers in Germany are advising people there to leave Germany before starting a company.

Most of the information on this is in German but people should be aware of this before considering Germany as a place to start a company. You can read more here: https://de.wikipedia.org/wiki/Wegzugsbesteuerung or here (English): https://www.winheller.com/en/tax-law-tax-advisory/internatio...

Re: Greece, Argentina and India are the fastest improving business environments

#18

I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…

Are you following the current tech scene at all?

There are some meetups and groups here and there to my knowledge, just not always well known unless you go out of your way to find them.

Re: Greece, Argentina and India are the fastest improving business environments

#19
post #4

Argentina?

Some neoconservative politician roleplaying as an anarchist reached the country's top office. He's privatising everything on a speedrun, weakening all labour regulations, waging an economic war against China, the country's top economic partner, and promised he would forfeit the country's currency to the Americans by switching to dollars. So ig for foreign investors its now or never to plunder what's left of Argentina…

He was democratically elected with this agenda. Maybe the people there were tired of the same old crony socialist disaster and rampant inflation plus accelerated loss of quality of live.

I don't know, maybe what a country with great demographics and decent territory needs in this situation is a healthy dose of western/american capitalism.

I would also much rather be allied to US agendas than to Chinese agendas ANY DAY.

Re: Greece, Argentina and India are the fastest improving business environments

#20

I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…

You mean you are “biased” or you have a “bias”
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