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2018 European capital of innovation

Athens, Greece has been named the 2018 European Capital of Innovation for the innovative ways in which it has overcome social and economic challenges and turned them into new opportunities.

 The €1 million iCapital first prize was announced at the Web Summit in Lisbon, Portugal on 6 November, with five other European cities receiving runner-up prizes of €100,000.

'Athens has shown a new dimension to what we mean by innovation. It is not only for the powerful, well-resourced and prosperous cities, it is for everyone,' said Athens' mayor Georgios Kaminis, when the award was announced.

Last year's iCapital winner was Paris, France.

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