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ATHENS/PATRAS, Greece (Reuters) - Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass.

He decided to recycle it to make iPhone cases, sunglasses and gift boxes.

Four years on, his startup, PHEE, sells its products across Greece and abroad. He represents a change in mindset among young Greeks who are turning to entrepreneurship as a result of the crisis.

“If we don’t act, in the next five years we’ll be saying the same things: that Greece isn’t going well, that there are no jobs ... that we have a new program by the International Monetary Fund and European Union to support us,” the 25-year-old said.