Slovaks slow to launch own businesses

JUST one-third of Slovaks would prefer own entrepreneurial activities to the status of being a regular employee, analysts of Poštová banka point out in the latest Chart of the Week bulletin referring to a Gallup survey, the TASR newswire reported on October 9.

JUST one-third of Slovaks would prefer own entrepreneurial activities to the status of being a regular employee, analysts of Poštová banka point out in the latest Chart of the Week bulletin referring to a Gallup survey, the TASR newswire reported on October 9.

The results have placed Slovakia into the bottom third of all European nations in spirit of enterprise.

Moreover, only 1 percent of Slovaks wanted to launch their own entrepreneurial activities over the next 12 months, which was the lowest figure in all 25 EU countries that took part in the survey. Czechs, Italians and Austrians have a similar approach - on 2 percent each, while the Cypriots showed the boldest entrepreneurial spirit on 11 percent.

“Not only Slovaks but also Europeans are not too keen to launch their own business,” reads Poštová banka bulletin, as quoted by TASR. “Only 4 percent of citizens in whole European Union plan to carry business which is relatively low [number] in comparison with world wide average which is at level of 14 percent.”

Slovaks who did want to launch their own business stated personal independence as the most significant positive (56 percent), followed by freedom in decision-making (27 percent), and the vision of higher income (more than 20 percent). Conversely, Slovaks were most afraid of bankruptcy, irregular income and loss of their property due to their entrepreneurial activities.

(Source: TASR)

Compiled by Roman Cuprik 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

Teachers trust conspiracy media, they think the government is not handling the pandemic well

One-third of teachers think the coronavirus vaccination is a preparation for implanting chips, recent poll shows.

The school in Trenčianske Stankovce.

News digest: Security Council will meet to discuss nationwide testing

Overview of news from Monday, October 19, 2020.

PM Igor Matovič announcing some details about nationwide testing on October 18.

PM wants to test everyone, Kotleba already positive in neo-Nazism

Nationwide testing is less utopian than the blackout but it is driven by the same ambition.

PM Igor Matovič shows the antigen testing kit that should be used in the nationwide testing project in Slovakia.

The best concert I have ever heard was in Bratislava, says Dutch ambassador

Ambassador Henk Cor van der Kwast cycles with Slovakia's mayors and loves the Slovak capital for its rich music history.

Dutch Minister of Foreign Affairs Stef Blok, centre, with the Embassy team, including Ambassador Henk Cor van der Kwast, left of the minister, on March 15, 2019.