K&H: small businesses are becoming more and more optimistic

By: Trademagazin editor Date: 2021. 04. 12. 11:22

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Despite the pandemic, small and medium-sized enterprises (SMEs) are increasingly optimistic about the next year, K&H told MTI on Monday, citing its first-quarter research.

According to the survey, the SME Confidence Index rose by 5 points to 14 points by early 2021, approaching the 17-point all-time high, most recently measured in 2019.

K&H explained the improvement by the fact that entrepreneurs tend to view economic policy favorably and expect more EU funding. 42 percent of government measures are thought to be business-friendly, and only 17 percent of those who think all this is inadequate or not enough. (MTI)