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The Czech Republic saw a decrease of 11 percent in entrepreneurship in the last quarter compared with the last year’s results. Only 14 000 Czech entrepreneurs established their own new businesses which is the lowest result in 12 years. People were not exceptionally hopeful about the first quarter of the year because they did not expect the restrictions to be over. However, according to CRIF (Czech Credit Bureau), the number of closed businesses was also low. “In the first quarter of this year, people had little hope for an early easing of anti-epidemic measures. At the same time, they assumed that existing entrepreneurs are experiencing the worst period since the beginning of the pandemic,” CRIF analyst Věra Kameníčková explained. SheContinue Reading