Business confidence continues its slow recovery in the EU, Eurochambresaa‚¬a„¢ annual Economic Survey reveals

Newsroom 13/12/2010 | 16:48

Business confidence is recovering from its low level in 2010, and the balance for 2011 is positive again, Eurochambres’ annual Economic Survey for 2011 reveals. Overall, more than 30 percent OF European companies think that next year’s business climate will improve, while more than half of the respondents consider that it will be unchanged.

Data for Romania show a balaced report. 36.4 percent of Romanian companies think that the business climate improve in 2011, 31.2 percent that it will remain unchnaged and 32.4 percent expect it to worsen. Sweden, Belgium and Estonia demonstrate the highest levels of business confidence.

The three most negative countries are Greece, Croatia and Spain. Greek business confidence is the lowest among surveyed countries with two-thirds of companies expecting a further decrease in business development in 2011. The EU average is 33.7 percent (it will improve) 47.2 percent (it will remain unchanged) and 19.1 percent (it will worsen).

The survey results are based on over 70,000 responses from across Europe.

Simona Bazavan


BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Newsroom | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue