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> Economy

Global Capital Confidence Barometer finds optimistic Greek economic outlook

Greek company execs seem to have gradually overcome reasonable worries of previous months

Newsroom December 29 02:13

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Greek company executives are cautiously optimistic concerning the Greek economic outlook. In its 13th Global Capital Confidence Barometer held in 53 countries it was found that 53% of Greek businessmen expect the Greek economy to improve or remain stable, while 52% expect corporate profits to improve.

The survey recorded the highest levels of takeover mood in its six-year history. Enterprises in Greece appear to focus more on growth (55% from 20% in April) and less on cutting spending (29% from 51% in April). People were markedly more optimistic over new job creation (39% from 19% in April).

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