Eurobarometer: Slovaks unenthusiastic about starting own businesses

Slovaks are reluctant to launch their own businesses, with last year’s Eurobarometer survey revealing that only one-third of Slovaks would prefer to become entrepreneurs over remaining regular employees. The most-frequently cited reasons for reluctance in this area were fears of bankruptcy, irregular incomes and loss of property. "Better periods frequently take turns with worse ones, which can subsequently be felt in an entrepreneur's family budget," said Poštová Banka analyst Eva Sadovská.

Slovaks are reluctant to launch their own businesses, with last year’s Eurobarometer survey revealing that only one-third of Slovaks would prefer to become entrepreneurs over remaining regular employees.

The most-frequently cited reasons for reluctance in this area were fears of bankruptcy, irregular incomes and loss of property. "Better periods frequently take turns with worse ones, which can subsequently be felt in an entrepreneur's family budget," said Poštová Banka analyst Eva Sadovská.

When it comes to business enthusiasm, Slovaks ended up in the lowest third of the chart in EU terms, and at the very bottom among the Visegrad Four countries (the Czech Republic, Hungary, Poland and Slovakia). The highest level of business enthusiasm was found in Lithuania, with 58 percent.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia to spend three Advent weekends with testing. President wants it to be voluntary

Seven candidates for the general prosecutor post approved. Acting general prosecutor steps down.

Installation of Christmas tree in Trnava

Who was behind the sale of one of the biggest banks in Slovakia

The largest law firms were involved in several innovative projects, too.

UK nationals in Slovakia advised to take action as end of transition period nears

UK Nationals should check the British Embassy's "Living in Guide" for the most up-to-date information.

Illustrative stock photo

Three rounds of testing should take place before Christmas

The first round will be nationwide and should take place in two weeks.