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Barcelona isn’t the new Silicon Valley – and that’s a good thing

Mimi Sabreena 8:05:00 PM Pilihan Editor

In post-crisis Spain things are beginning to pick up. The country is the 4th destination for international tech talent and Barcelona, the second largest city after Madrid, is ranked at number 5 of 60 European startup hubs in Europe by the Mobile World Congress (MWC). Attracted by the lifestyle, a relatively low cost of living, and dozens upon dozens of co-working spaces, you’ll find many startups, “digital nomads” and European entrepreneurs operating in the city. Nevertheless, unemployment in the country is still hovering at 17.8 percent. Youth unemployment is at a staggering 38.6 percent – and this means that there…

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