Comment by ThePawnBreak

There's an article like this written about 90% of Europe's capitals. There are no tech hubs in cheap places, because smart people move away from low wage, low cost of life places. Libon stands no chance, I would say the only contenders are London, Stockholm, Berlin and maybe 2-3 others. The only low-ish cost country I could see becoming a serious contester for a tech hub would be Poland.