'Tech buzz' taking off in Lisbon

Portuguese capital aiming to become the next Berlin and reverse damaging brain drain

Near a former red-light district around Lisbon's old Cais do Sodre docks, scores of young entrepreneurs are trying to leave depressing economic times behind and turn Portugal's capital into a hive for tech startups.

Just a few years after Portugal's debt crisis and bailout, their aim is to become the next Berlin in generating a cool 'tech buzz', offering talented young people and costs way below those in more established European centers.