The Best European Countries to Launch a Startup

The NimbleFins has analyzed the current economic data covering the overall economic situation, the cost of making business, the business environment and the quality of the workforce in 31 European countries. The best European countries for startups have a highly educated population, a strong economy, a healthy business environment and relatively low costs of running their business.

• Croatia, Italy and Greece took the last positions.
• The most economically "healthy" countries were Ireland, the Netherlands and Germany.
• The lowest startup launch costs are in Bulgaria, Romania and Hungary.
• The most favorable business climate is in Switzerland, Germany and Finland.
• The highest level of employee development is also in Switzerland, Finland and Denmark.

By the way, Finland stands on the first position in the rating of the favourite countries of foreign families. At the same time, Switzerland and Germany took two positions among the most friendly countries for expats. 

Analysts focused on general economic factors, such as growth rates and unemployment rates, as well as indicators specific to startups, including ease of securing funding and wages. The researchers used data from authoritative sources, including the World Bank, the World Economic Forum, UNESCO, the OECD and tax consultants. 

Photo: pixabay.com

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