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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

#71
post #13

Earlier quoted context omitted.

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.

Bias, because you live in Athens and don't want more gentrification? Or because you live in Thessaloniki and want more business there? I personally find Athens to be a much more appealing city, speaking as a tech worker, rock climber, and (near) vegan, who has spent a fair bit of time in both. Thessaloniki has its pros, but loses to Athens in pretty much everything I care about, other than having a nice bike/scooter-…

Thessaloniki because of family reasons, hence my bias is to Thessaloniki and Halkidiki region, I would rather only visit Athens for the airport and harbour connections, or some official business. :)

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

#72

I lost any trust in that ranking after I saw Germany on place 4... Bureaucracy is extreme and some things that you could do in hours in other countries may take months or even years in Germany. Average tax rate is also second-highest among all OECD countries. Energy prices are extremely high (3x higher than in the US) and labour costs are high. There are also many other problems with Germany if you want to do busines…

Maybe there are things in Germany where the country excels other countries. Energy price is not the only indicator!

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

#73

Earlier quoted context omitted.

The problem of Greece is that due to decades of nepotism and corruption, there is no real political hope. The ruling party is one of the two that has brought Greece to where it is now, and the prime minister comes from a family with a long tradition in politics and power thirst. His best man is the biggest gangster in Greece, Marinakis. They found a ship of his containing 2 TONS! of heroin, and nothing happened. Beca…

Not to make an excuse, but tell me a country that isn't like that. For all the pomp and circumstance that democracy provides, it all feels like it boils down to tribalism where oligarchs rule and control the tides. Sure we all control our individual boats but the tide is what controls the sea.

There are many countries not run by an oligarchy.

Sure every nation has an elite, but it’s a stretch to say that Germany, Sweden, Denmark, USA, and many other countries have an oligarchic system similar to how it is in Russia, Uzbekistan, and Kazakhstan.

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

#74

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…

A thriving tech scene overnight is going to gentrify it to the point of only tech folks wanting to live there.

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

#75
post #72

I lost any trust in that ranking after I saw Germany on place 4... Bureaucracy is extreme and some things that you could do in hours in other countries may take months or even years in Germany. Average tax rate is also second-highest among all OECD countries. Energy prices are extremely high (3x higher than in the US) and labour costs are high. There are also many other problems with Germany if you want to do busines…

Maybe there are things in Germany where the country excels other countries. Energy price is not the only indicator!

Considering that Germany is losing business left and right, companies moving to other countries, rates of reemigration falling down, I’d say there’s not much positive development in Germany right now. Totally unappealing to start a new business and the bureaucracy is crazy.

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

#76
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…

[dead]

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

#77
post #44

Earlier quoted context omitted.

Not sure if you are serious with your comment but I'll bite - when you start a company, after going through all the hell of starting it and making it profitable (which is often multiyear draining effort which destroys families and health easily, risk of losing literally everything is very real), you want to give all those money to other people, who put just their expected 40h effort with maximum salary security, 5-6…

> when you start a company, after going through all the hell of starting it and making it profitable (which is often multiyear draining effort which destroys families and health easily, risk of losing literally everything is very real), you want to give all those money to other people, who put just their expected 40h effort with maximum salary security, 5-6 weeks of paid holidays etc. "I took on some risks to build u…

There should be a balance between workers bleeding dry in capitalism, and workers don't have (good) jobs because it's too much hassle with "regulations and labor protections", and is not worth the outcome.

Really, if in a (over)socialist country I have an idea to build my personal wealth, why would I give jobs to all these protected guys, if I can leave them jobless, and get €€€ using minimal team I can assemble. Ideally - being solopreneur at all.

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

#78
post #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 obvi…

I am in the process of trying to understand how businesses work and I have been comparing the realities of starting and running companies in various european countries. Most of the information that I can find is very surface level so thanks for sharing anything that people should be aware of. A community/forum/subreddit focused on this does not seem to exist. I guess professionals are too busy. I was also surprised t…

HN used to have that but most YC founders migrated to Bookface where there is better moderation and less off topic or toxic conversations (just take a look at this entire comment section)

Also Section 174, while annoying, isn't the end of the world for most founders, and there is bipartisan support for a repeal of it.

> understand how businesses work

You can only learn by doing. Start your own company or land a BizOps related role, but honestly, it's probably easier to make the classic Italy-to-London move

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

#79
post #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.

If Velti didn't collapse due to shady behavior there probably could have been one.

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

#80
post #77

Earlier quoted context omitted.

> when you start a company, after going through all the hell of starting it and making it profitable (which is often multiyear draining effort which destroys families and health easily, risk of losing literally everything is very real), you want to give all those money to other people, who put just their expected 40h effort with maximum salary security, 5-6 weeks of paid holidays etc. "I took on some risks to build u…

There should be a balance between workers bleeding dry in capitalism, and workers don't have (good) jobs because it's too much hassle with "regulations and labor protections", and is not worth the outcome. Really, if in a (over)socialist country I have an idea to build my personal wealth, why would I give jobs to all these protected guys, if I can leave them jobless, and get €€€ using minimal team I can assemble. Ide…

> There should be a balance between workers bleeding dry in capitalism, and workers don't have (good) jobs because it's too much hassle with "regulations and labor protections", and is not worth the outcome.

I happen to know quite a few people from Germany. All things considered, there are good jobs and they have decent living standards.

> Really, if in a (over)socialist country

Germany? (Over)socialist? Are you high?

> I have an idea to build my personal wealth, why would I give jobs to all these protected guys, if I can leave them jobless, and get €€€ using minimal team I can assemble. Ideally - being solopreneur at all.

By all means, do it. What are you waiting for?

Fact is there is money to be made by employing these "protected guys", they are certainly not jobless.

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