The popularity of Budapest declined among the Western entrepreneurs

Budapest’s popularity decreased among the Western entrepreneurs since last year – reveals an international survey that was presented in Brussels on Monday.

The ECER foundation (European Cities Entrepreneurship Rank) surveyed 4500 businesses over the 37 cities of 18 countries, in connection with business environment and financing. Budapest was in the 23rd place in last year's ranking, while this year slipped back to 36th place. The first three placed last year was Helsinki, Cologne and Stockholm and Frankfurt, Malmo and Warsaw this year – reports MTI.