One in five Czechs cannot afford a one-week holiday last year
Shutterstock.com
Fewer than one in five Czechs were unable to afford a one-week holiday in 2019, according to new data from Eurostat, as reported by Brnodaily.com. The figure represents a record low since this data was first collected in 2005. The equivalent Europe-wide figure is close to one in three.
With more than 80% of Czechs able to afford a week away, the republic fares much better than many other European countries. The other Visegrad countries, by contrast, score much lower; in Hungary, more than 40% cannot afford a one-week holiday, and the figure is around 35% for Slovaks and Poles.
In the past decade, economies have grown and travel has become more affordable, leading to a drastic decline in people unable to afford a one-week holiday.
In 2010, 40% of Europeans couldn’t manage a week away, compared to 30% in 2019, Brnodaily.com noted.
MET Group Records 2nd Most Profitable Year in 2023
Gov't Considering Fuel Price Intervention
Wienerberger Lays Cornerstone of HUF 12 bln Concrete Tile Pl...
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
