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Last Update: Tue, 26 Sep 2017

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  Unlocking the entrepreneurial spirit

Photo of article Being your own boss is an aspiration for many Europeans – almost 4 out of 10 people in fact. The prospect of a potentially better income, independence and the freedom to work wherever and whenever suits is a highly attractive prospect for millions of would-be entrepreneurs. Yet fears of failure and bankruptcy, and the risk of an irregular income mean many people keep their aspirations as a pipe dream. This fear factor is responsible for the drop in those becoming self-employed by 20 % within the last 3 years, mainly due to the current economic climate. However, the European Commission hope to change this: the European Entrepreneurship Action Plan aims at bringing growth and employment back to Europe.

NB: This article is more than 4 years old so the information may not be up to date.

Published: 14 January 2013



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