France Ranks First for Small Business Survival in Europe
Despite its reputation for bureaucracy and inflexible labor laws, France is one of the European countries where newly founded businesses fare best, according to a moneypark.co.uk analysis. Along with Sweden and Slovakia, 70% of small firms in that country are still in business after 5 years, the report showed. Looking at Eurostat data from 2013 to 2018, it found that Denmark and the U.K. were the places firms were most likely to founder.
