An analysis conducted by NimbleFins ranked the top 12 countries in Europe for startup businesses, with the indicators being economic health, cost of doing business, business climate, and the quality of labor force, brnodaily.cz writes.

The Czech Republic placed 7th for the indicator of economic health, which measures the GDP, its growth and its rate per capita, as well as the unemployment rate. These show the strength of the country’s economy, the portal continues.

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