Athens among Europe’s top cities for starting a business

Athens among Europe’s top cities for starting a business

A survey by UK website Takepayments has picked Athens as the fourth best European city for business enterprise.

Only Cambridge, Tallinn and Warsaw scored higher than the Greek capital.

Starting a business in Athens can take as little as four days and there are only three procedures required to do so.

In addition, there has been a 182% increase in the number of businesses registered since 2006, the survey found, which is the second highest in its rankings.

Athens also boasts a growing number of innovative tech-based businesses that are taking off, particularly within the travel and hospitality sectors.

The new Enterprising Cities Index by Takepayments, has ranked 37 European cities based on a range of factors relating to enterprise opportunity and growth.

The research reveals Europe’s most enterprising cities by calculating a city score which is based on the following five factors: the number of startup procedures and the amount of days required to start a business according to the UN data and the World Bank; the number of new businesses registered based on the same sources; the percentage growth in interest in starting a business on Google; and the Economic Freedom Index score on a national level in 2022 based on data from Heritage.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.